(70 ILCS 3405/21) (from Ch. 42, par. 468)
Sec. 21.
The board of trustees may levy and collect other taxes for
all corporate purposes, including, without limiting the generality of
the foregoing, the payment of all obligations incurred in taking over
the surface water protection facilities of any city, village, or
incorporated town located within the boundaries of any such district,
exclusive of taxes to pay bonded indebtedness upon all the taxable
property within the territorial limits of such surface water protection
district, the aggregate amount of which shall not exceed .125% of the
value, as equalized or assessed by the Department of Revenue except as provided
in this Section.
If the board of trustees desires to levy such taxes at a rate in
excess of .125% but not in excess of .25% of the value of all taxable
property within the district as equalized or assessed by the Department
of Revenue, the board of trustees shall certify the question to the proper election officials
who shall submit the question at an election in accordance with the general election law.
The result of the referendum shall be
entered upon the records of the district. If a majority of the
votes on the proposition are in favor of the proposition, the board of
trustees may levy such taxes at a rate not to exceed .25% of the value
of all taxable property within the district, as equalized or assessed by
the Department of Revenue. The proposition shall be in substantially the following form:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Shall the maximum allowable tax rate for .... Surface Water YES Protection District be increased to .25% of the value of all taxable - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
property within the District as equalized or assessed by the NO Department of Revenue? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
In any surface water protection district organized under Section 4a,
the board of trustees may levy such taxes at a rate in excess of .125%
but not in excess of .25% of the value of all taxable property in the
district as equalized or assessed by the Department of Revenue without an
election provided such tax rate increase is
authorized by the owners of all the property within the district.
(Source: P.A. 100-201, eff. 8-18-17.)
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