Home/Illinois/Statutes/Topic: GOVERNMENT/Ch. 65: MUNICIPALITIES/Act 65 ILCS 5/: Illinois Municipal Code./Art.: Article 8 - Finance/§ 8-12-20
Illinois Statutes

§ 8-12-20

Illinois § 8-12-20
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Article 8 - Finance

This text of Illinois § 8-12-20 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
65 Ill. Comp. Stat. 8-12-20 (2026).

Text

Upon direction of the Authority, the financially distressed city shall reorganize its financial accounts and its management and budgetary systems in whatever manner the Authority deems appropriate to achieve greater financial responsibility and control. The Authority shall not have the power to affect the taxing authority or to consolidate or reduce the restricted debt service funds of the city.

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Legislative History

(Source: P.A. 86-1211.)

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Bluebook (online)
Illinois § 8-12-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/8-12-20.