(60 ILCS 1/35-50.5)
Sec. 35-50.5.
Rules and regulations; rates and charges; use of revenues from
operation.
(a) The township board of any township availing itself of Sections 35-50.1
through 35-50.6 may (i) make, enact, and enforce all needful rules and
regulations for the acquisition, construction, extension, improvement,
equipping, management, and maintenance of the senior citizens' housing of the
township and for the use thereof, (ii) make, enact, and enforce all needful
rules, regulations, and ordinances for the care and protection of the senior
citizens' housing that may be conducive to the preservation of the public
health, comfort, and convenience and to providing the senior citizens'
housing, and (iii) charge the residents of the senior citizens' housing a
reasonable rent, rate, or charge for the privilege of residing in or using
the senior citizens' housing.
(b) The rents, rates, or charges shall be sufficient at all times to (i) pay
the cost of operating and maintaining the senior citizens' housing, (ii)
provide an adequate depreciation fund if deemed necessary by the township
board, and (iii) pay the principal of and interest on all revenue bonds issued
under Sections 35-50.1 through 35-50.6. Rents, rates, and charges shall be
established, revised, and maintained by ordinance and become payable as the
township board determines by ordinance.
(c) Whenever revenue bonds are issued under Sections 35-50.1 through
35-50.6, sufficient revenue derived from the operation of senior citizens'
housing shall be deposited into a separate fund, designated as the Senior
Citizens' Housing Fund of the township. It shall be used only (i) to pay the
cost of maintenance and operation of the senior citizens' housing, (ii) to
provide an adequate depreciation fund if deemed necessary by the township
board, and (iii) to pay the principal of and interest on the revenue bonds of
the township issued under Sections 35-50.1 through 35-50.6.
(Source: P.A. 87-922; 88-62.)
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(60 ILCS 1/35-50.6)
Sec. 35-50.6.
Supervisor; bond proceeds and revenues.
(a) The township supervisor shall be ex officio treasurer and the custodian
of all funds derived from the issuance and sale of bonds under Sections
35-50.1 through 35-50.6 and of all income and revenue derived from the
operation of the senior citizens' housing. Before the supervisor receives any
funds, he or she shall post with the township board, subject to their approval,
a separate corporate surety bond in an amount determined by resolution of the
township board. The supervisor shall keep the proceeds of bonds issued and
revenues derived from the operation of the senior citizens' housing separate
and apart from all other funds that come into his or her hands as supervisor
and ex officio treasurer of the township. The supervisor shall deposit the
proceeds derived from the sale of bonds and the income and revenues derived
from the operation of the senior citizens' housing in separate bank or savings
and loan association accounts in a depositary designated by the township board
for that purpose; provided, however, that any funds not so deposited shall be
invested only in investments that are permitted for the township under the
Public Funds Investment Act, as then amended.
(b) No bank or savings and loan association shall receive public funds under
this Section unless it has complied with the provisions of Section 6 of the
Public Funds Investment Act.
(Source: P.A. 87-922; 88-62.)
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(60 ILCS 1/35-55)
Sec. 35-55.
Senior citizens services; authorization of tax levy.
(a) The electors may authorize the township board to levy a tax (at a
rate of not more than 0.15% of the value, as equalized and assessed by the
Department of Revenue, of all taxable property in the township) for the sole
and exclusive purpose of providing services to senior citizens under Article
220 including, but not limited to, the construction, maintenance, repair, and
operation of a senior citizens center. If the board desires to levy
the tax, it shall order a
referendum on the proposition to be held at an election in accordance with the
general election law. The board shall certify the proposition to the proper
election officials, who shall submit the proposition to the voters at an
election in accordance with the general election law. If a majority of the
votes cast on the proposition is in favor of the proposition, the board may
annually levy the tax in addition to any other taxes and not subject to the
tax rate limitations set forth in Article 235 of this Act, but subject to the
extension limitations in the Property Tax Extension Limitation Law of the
Property Tax Code.
(b) If the township board of any township authorized to levy a tax under
this Section pursuant to a referendum held before January 1, 1987, desires to
increase the maximum rate of the tax to 0.15% of the value, as equalized and
assessed by the Department of Revenue, of all taxable property in the township,
it shall order a referendum on that proposition to be held at an election in
accordance with the general election law. The board shall certify the
proposition to the proper election officials, who shall submit the proposition
to the voters at an election in accordance with the general election law. If a
majority of the votes cast on the proposition is in favor of the proposition,
the maximum tax rate shall be so increased.
(Source: P.A. 92-651, eff. 7-11-02; 92-781, eff. 1-1-03.)
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(60 ILCS 1/35-60)
Sec. 35-60.
Youth service programs; authorization of tax levy.
The electors
may authorize the township board to levy a tax (at a rate of not more than
0.15% of the value, as equalized and assessed by the Department of Revenue, of
all taxable property in the township) for the sole purpose of providing service
programs for youths under Section 215-5. The tax may not be levied, however,
unless the tax is approved by the voters at a referendum held in accordance
with the general election law. The township board shall certify the
proposition to the proper election officials, who shall submit the proposition
to the voters at an election in accordance with the general election law. If a
majority of the votes cast on the proposition is in favor of the proposition,
the board may annually levy the tax.
(Source: P.A. 85-583; 88-62.)
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(60 ILCS 1/35-65)
Sec. 35-65.
General assistance tax.
If the electors at the annual township
meeting fail in any year to levy any tax for general assistance to persons
needing that assistance, or a tax for general assistance of an amount
sufficient to meet those needs, or a tax of an amount sufficient to qualify the
township for an allocation of State funds appropriated for that purpose, the
electors may levy the tax, additional tax, or qualifying tax, as the case may
be, as may be necessary. In no event, however, shall the total of the taxes
levied at the annual and special township meetings for general assistance
exceed the statutory rate limit prescribed in Section 235-15.
(Source: P.A. 82-783; 88-62.)
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(60 ILCS 1/35-70)
Sec. 35-70.
Township library tax.
The electors may levy a tax for the
support and maintenance of a township library under the Illinois Local Library
Act.
(Source: P.A. 82-783; 88-62.)
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(60 ILCS 1/35-75)
Sec. 35-75.
Cemetery tax.
The electors may authorize the board of managers
to levy a tax for the establishment and maintenance of cemeteries under Article
135.
(Source: P.A. 82-783; 88-62.)
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