Illinois Statutes

§ 5-1011 — Separation of funds

Illinois § 5-1011
JurisdictionIllinois
TopicGOVERNMENT
Ch. 55COUNTIES
Act 55 ILCS 5/Counties Code.
Art.Article 5 - Powers And Duties Of County Boards

This text of Illinois § 5-1011 (Separation of funds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
55 Ill. Comp. Stat. 5-1011 (2026).

Text

Whenever a tax is levied for the payment of a specific debt, the amount of such tax collected shall be kept as a separate fund in the county treasury, and expended only in the liquidation of such indebtedness: Provided, that any surplus remaining in the treasury after full payment of such indebtedness, shall be transferred to the common fund of the county.

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Legislative History

(Source: P.A. 86-962.)

Nearby Sections

15
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Bluebook (online)
Illinois § 5-1011, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/55/5-1011.