55 ILCS 5/5-1011: Separation of funds.
Where this section sits in the code
- CHAPTER 55 COUNTIES
- Counties Code.
Whenever a tax is levied for the payment of a specific debt, the amount of such tax collected shall be kept as a separate fund in the county treasury, and expended only in the liquidation of such indebtedness: Provided, that any surplus remaining in the treasury after full payment of such indebtedness, shall be transferred to the common fund of the county.
Collected 2026-09-15T04:46:22Z. Source file · JSON