Illinois Compiled Statutes 35 ILCS 200/30-15 – Effect of fund on levies
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Terms Used In Illinois Compiled Statutes 35 ILCS 200/30-15
- taxing district: has the meaning stated in Section 1-150. See Illinois Compiled Statutes 35 ILCS 200/30-5
A tax levy of a taxing district shall not be deemed invalid for the sole reason that the taxing district has accumulated monies in a special reserve fund pursuant to this Article.