(60 ILCS 1/120-20)
Sec. 120-20.
Park maintenance tax.
(a) To provide a fund for the maintenance of parks, the township board may
levy annual taxes not exceeding 0.02% (or the rate limit in effect on July 1,
1967, whichever is greater) of the value of the property in the township in any
one year, as equalized or assessed by the Department of Revenue. The tax shall
be levied and collected at the time and in the manner that other township taxes
are required to be levied and collected.
(b) The limitations upon tax rates in subsection (a) may be increased
or decreased under the referendum provisions of the General Revenue Law of
Illinois.
(c) The maintenance tax, when levied and collected, shall be kept separate
and distinct from all other township funds and shall be applied exclusively to
the expense of maintenance and upkeep, adornment, and development of parks
acquired by the township or to the acquisition of other lands to be used for
public park purposes. In any township in a county having a population
between 100,000 and 1,000,000, the moneys provided by the taxes authorized by
this Section may be used for the acquisition and development of lands for park
and golf course purposes under Section 120-15, subject to the requirements of
that Section concerning the establishment of fees for the use of golf courses.
(Source: P.A. 82-783; 88-62.)
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