Illinois Statutes

§ 150-40 — Maintenance tax; referendum

Illinois·Topic GOVERNMENT·Ch. 60 TOWNSHIPS·Act 60 ILCS 1/ Township Code.·Art. Article 150 - Township Community Buildings
(a)Any township that acquires community buildings by dedication, gift, purchase, or erection may levy annually a maintenance tax of not more than 0.05% of the value of all taxable property in the township, as equalized or assessed by the Department of Revenue.
(b)The board of managers shall ascertain as soon as practicable, annually, how much money must be raised for maintenance purposes for the next ensuing year and shall, on or before the first Tuesday in September, file a written request with the county clerk to extend a tax sufficient to produce that sum. The county clerk shall annually, upon a written request signed by a majority of the board of managers, extend against the taxable property in the township a maintenance tax of not more than 0.05% of the value of all taxable property

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Legislative History

(Source: P.A. 81-1489; 88-62.)

Nearby Sections

15
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