(65 ILCS 5/11-45-3) (from Ch. 24, par. 11-45-3)
Sec. 11-45-3.
The levy shall be authorized if a majority of the votes cast on the
question are in favor of the levy. The corporate authorities shall then
levy a tax sufficient to maintain or employ such a band or to provide
for the maintenance and conduct of programs in the performing arts, or
both, but not exceeding .04% of the value of the taxable property within
the municipality, as equalized or assessed by the Department of Revenue,
and not exceeding the amount stated in the petition.
This annual tax shall be in addition to the amount authorized to be
levied for general purposes as provided by Section 8-3-1.
Except as provided in Section 11-45-4, all funds derived from this
levy shall be expended as provided in Section 11-45-1.
The foregoing limitation upon the rate of tax may be increased or
decreased under the referendum provisions of the General Revenue Law of
Illinois.
(Source: P.A. 81-1509.)
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