{"data":{"id":"us-il/35-ilcs-200-16-15","jurisdiction":"us-il","citation":"35 ILCS 200/16-15","heading":"Adjustments to prior year's assessments.","body":"Each county clerk shall compile final adjustments made during the preceding calendar year by the State Property Tax Appeal Board to the aggregate assessed value of a school district for which such adjustments are greater than $250,000 or 2% of the aggregate assessed value of a school district, whichever is less, and report that information to the Department. By July 1 annually, the Department shall transmit the adjusted assessments reported since the prior July 1 to the Illinois State Board of Education for purposes of calculating the amount of State aid to be apportioned to the various school districts under the School Code.","path":["CHAPTER 35 REVENUE","Property Tax Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=596\u0026ChapterID=8\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"bd364264526130df5549b0aaef10b757d753679df27f81e3a09b6cc5ad23241b","source_id":"us-il","stale":false,"prev":"us-il/35-ilcs-200-16-10","next":"us-il/35-ilcs-200-16-20"},"notice":"GroundRules: Original legal text. Not legal advice."}