Illinois Compiled Statutes 55 ILCS 85 County Economic Development Project Area Property Tax Allocation Act. Section 13

    (55 ILCS 85/13)

    Sec. 13. Requirements for annual budget. Beginning in fiscal year 2011 and in each fiscal year thereafter, a county must detail in its annual budget (i) the amount of revenue generated from economic development project areas by source and (ii) the expenditures made by the county for economic development project areas.

(Source: P.A. 96-1335, eff. 7-27-10.)

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Last modified: February 18, 2015