§ 7-1 This Article applies only to community college districts in cities …
§ 7-1.1 Additional powers
§ 7-1.2 Power to deduct wages for municipal debts
§ 7-2 The board shall consist of 7 members, appointed by the mayor with the …
§ 7-3 The organization of the board and election of officers for a board …
§ 7-4 No power vested in the board or in any of its officers, agents or …
§ 7-5 The fiscal year shall commence on the first day of July and end on …
§ 7-8 Before or within the first quarter of each fiscal year, the board …
§ 7-9 The budget shall set forth estimates, by classes, of all current …
§ 7-10 The budget shall specify the organizational unit, fund, activity and …
§ 7-11 The budget shall be prepared in tentative form by the board and in …
§ 7-12 Subsequent to the public hearing provided for in Section 7-11 and …
§ 7-13 After the adoption of the budget, the board may not make any other …
§ 7-14 No contract may be made or expense or liability incurred by the …
§ 7-15 The board may at any regular meeting on or after July 1 in any year, …
§ 7-15a Notwithstanding any other provision of this Act, the board of a …
§ 7-16 The appropriation resolution or budget, including the amounts for the …
§ 7-17 Any member or officer of the board, any officer of the city or any …
§ 7-18 Tax for operation and maintenance of facilities and purchase of …
§ 7-18.1 Supplemental budget and taxes
§ 7-19 Limit on expenditures
§ 7-20 In ascertaining the rate per cent that will produce the amount of any …
§ 7-21 Tax anticipation warrants
§ 7-22 Warrants drawn and issued under Section 7-21 shall be numbered …
§ 7-23 The chairman of the board, with the approval of the board, may …
§ 7-23.1 Contracts
§ 7-24 The board shall yearly, and may as often as necessary, appoint …
§ 7-25 Issuance of bonds; terms and sale
§ 7-26 Issuance of bonds not exceeding $15,000,000 aggregate
§ 7-27 Issuance of bonds not exceeding $20,000,000 aggregate

Terms Used In Illinois Compiled Statutes > 110 ILCS 805 > Article VII

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.
  • 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