Illinois Compiled Statutes > 60 ILCS 1 > Article 265 – Township Funds For Schools
Current as of: 2024 | Check for updates
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Other versions
| § 60 ILCS 1/265-5 | Distribution to school districts |
| § 60 ILCS 1/265-10 | Limitation on action |
| § 60 ILCS 1/265-15 | Notice of meeting |
Terms Used In Illinois Compiled Statutes > 60 ILCS 1 > Article 265 - Township Funds For Schools
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14