Illinois Compiled Statutes 35 ILCS 200/30-20 – Tax reimbursement account
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 35 ILCS 200/30-20
- taxing district: has the meaning stated in Section 1-150. See Illinois Compiled Statutes 35 ILCS 200/30-5
If the corporate authorities of a taxing district determine that the taxing district has on hand surplus funds from any source, then the corporate authorities may transfer those surplus funds into a tax reimbursement account.