(35 ILCS 200/18-115)
Sec. 18-115. Use of equalized assessed valuation. The equalized assessed value of all property, as determined under this Code, after equalization by the Department, shall be the assessed valuation for all purposes of taxation, limitation of taxation, and limitation of indebtedness prescribed in any statute.
(Source: P.A. 86-233; 86-953; 86-957; 86-1475; 87-17; 87-477; 87-895; 88-455.)
Sections: Previous 18-93 18-95 18-100 18-105 18-107 18-110 18-112 18-115 18-120 18-125 18-130 18-135 18-140 18-145 18-150 Next
Last modified: February 18, 2015