(65 ILCS 5/11-81-1)
(from Ch. 24, par. 11-81-1)
The corporate authorities of each municipality, whether
incorporated under the general law or a special charter, which includes
wholly within its corporate limits a township or townships, or a road
district, may levy, annually, a tax for street and bridge purposes of
not to exceed .06% of the value, as equalized or assessed by the
Department of Revenue, of all taxable property in any
township or road district lying wholly within the limits of that
municipality. But if, in the opinion of three-fourths of the members
elected to the city council or board of trustees of such a municipality,
a greater levy for bridge and street purposes is needed, an additional
levy may be made of any sum not exceeding .04% of such taxable property.
Municipalities having a higher limitation than .10% for street and
bridge purposes on July 1, 1967 may continue to levy such higher rate.
The street and bridge tax authorized by this Section shall be in
addition to: (1) any tax that such a municipality is now authorized to
levy for street or bridge purposes, and (2) the tax that such a
municipality is now authorized to levy upon all property within the
municipality, and (3) the amount authorized to be levied for general
purposes as provided by Section 8-3-1.
(Source: P.A. 81-1509.)