(55 ILCS 5/5-2001) (from Ch. 34, par. 5-2001)
Sec. 5-2001.
Raising tax in addition to statutory limit.
Whenever the county board deems it necessary to assess taxes
the aggregate of which exceeds the taxes which are authorized to be
levied without a vote of the people as provided in Section 5-1024, the
county board may, by an order entered of record, set forth substantially
the amount of such excess required, the purpose for which the same will be
required, and, if for a limited time, the number of years such excess will
be required to be levied, and if for the payment of interest or principal,
or both, upon bonds shall, in a general way designate the bonds and specify
the number of years such excess will be required to be levied, and provide
for the submission of the question of assessing the additional rate
required to a vote of the people of the county at the next election for
county officers held in such county after the adoption of the resolution.
The board shall certify the resolution and the proposition to the proper
election officials who shall submit the proposition at such general
election in accordance with the general election law. The
proposition shall be substantially in the following form: "For additional
tax in excess of statutory limit of ....% of valuation", and "Against
additional tax in excess of the statutory limit of ....% of valuation". If
a majority of the votes cast upon the question are for the additional tax,
then the county board shall have the power to cause such additional tax to
be levied and collected in accordance with the terms of such resolution,
and the money so collected shall be kept as a separate fund and disbursed
only for the purpose for which the same was raised.
Provided, any surplus that may remain after the payment of all
demands against said fund, may be used for other purposes.
(Source: P.A. 86-962.)
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