Illinois Compiled Statutes
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REVENUE35 ILCS 200/Art. 18 Div. 3
(35 ILCS 200/) Property Tax Code.
(35 ILCS 200/Art. 18 Div. 3 heading)
35 ILCS 200/18-105
(35 ILCS 200/18-105)
Extension exceeding authorized rate.
No county clerk shall
extend a tax levy imposed by any taxing district, other than a home rule unit,
based on a rate that exceeds the rate authorized by statute or referendum for
that taxing district. If a taxing district is in violation of Section 18-90, no
county clerk shall extend the final aggregate levy, as defined in Section
18-55, in an amount more than 105% of the final aggregate levy extended for the
(Source: P.A. 86-233; 86-953; 86-957; 86-1475; 87-17; 87-477; 87-895;
35 ILCS 200/18-107
(35 ILCS 200/18-107)
Multi-township assessment district; 1994 extension validated.
For property tax extensions in 1994 only, notwithstanding any other provision
of this Code to the contrary, if a 1993 levy was filed before the last Tuesday
in December 1993 by a multi-township assessment district that was promulgated
by the Department under Section 2-10 effective January 1, 1994 either for the
first time or
with different township members than in 1993, and if that levy has not been
excluded from the 1994 extension of taxes in the county in which the district
is situated, that levy is not an invalid levy because the multi-township
assessment district allegedly lacked authority to adopt that levy in 1993, and
that levy may be extended in 1994. All taxes collected from that extension
shall be distributed to the multi-township assessment district by the collector
in accordance with the provisions of this Code.
(Source: P.A. 88-660, eff. 9-16-94.)
35 ILCS 200/18-110
(35 ILCS 200/18-110)
Chicago school district.
In each county in which there
is a school district and a School Finance Authority organized
under Articles 34 and 34a respectively of the School Code, the county clerk
shall each year determine the rate for that year's extension of taxes levied by
or on behalf of the Authority, and then immediately certify to the school
district that rate. However, in making such determination and certification,
the county clerk shall disregard the tax rate calculated for the extension of
any taxes levied to pay and discharge the principal of and interest on any
bonds issued by the Authority under Article 34A of the School Code on or after
January 1, 1984 and prior to July 1, 1993 (other than bonds issued to
refund or to continue the
refunding of bonds issued before January 1, 1984).
(Source: P.A. 87-17; 87-477; 87-895; 88-455; 88-511.)
35 ILCS 200/18-112
(35 ILCS 200/18-112)
Extension of taxes for additional or supplemental budget of
school district. Notwithstanding any other provision of this Code and in
accordance with Section 17-3.2 of the School Code, if a school district adopts,
in a fiscal year, an additional or supplemental budget under the authority of
Section 17-3.2 of the School Code, the county clerk shall include, in the
extension of taxes made during that fiscal year, the extension of taxes for the
supplemental or additional budget adopted by the school district.
(Source: P.A. 93-346, eff. 7-24-03.)
35 ILCS 200/18-115
(35 ILCS 200/18-115)
Use of equalized assessed valuation.
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;
35 ILCS 200/18-120
(35 ILCS 200/18-120)
Increase or decrease of rate limit.
This Sec. applies
only to rates which are specifically made subject to increase or decrease
according to the referendum provisions of the General Revenue Law of
Illinois. The question of establishing a maximum tax rate limit other than that
applicable to the next taxes to be extended may be presented to the legal
voters of any taxing district by resolution of the corporate authorities of the
taxing district at any regular election. Whenever any taxing district
establishes a maximum tax rate lower than that otherwise applicable, it shall
publish the ordinance or resolution establishing the maximum tax rate in one or
more newspapers in the district within 10 days after the maximum tax rate is
established. If no newspaper is published in the district, the ordinance or
resolution shall be published in a newspaper having general circulation within
the district. The publication of the ordinance or resolution shall include a
notice of (a) the specific number of voters required to sign a petition
requesting that the question of the adoption of the maximum tax rate be
submitted to the voters of the district; (b) the time within which the petition
must be filed; and (c) the date of the prospective referendum. The district
clerk or secretary shall provide a petition form to any individual requesting
Either in response to the taxing district's publication or by the voters'
own initiative, the question of establishing a maximum tax rate lower than that
in effect shall be submitted to the voters of any taxing district at the
regular election for officers of the taxing district in accordance with the
general election law, but only if the voters have submitted a petition signed
by not fewer than 10% of the legal voters in the taxing district. That
percentage shall be based on the number of votes cast at the last general
election preceding the filing of the petition. The petition shall specify the
tax rate to be submitted. The petition shall be filed with the clerk,
secretary or other recording officer of the taxing district not more than 10
months nor less than 6 months prior to the election at which the question is to
be submitted to the voters, and its validity shall be determined as provided by
the general election law. The officer receiving the petition shall certify the
question to the proper election officials, who shall submit the question to the
Notice shall be given in the manner provided by the general election law.
(Source: P.A. 86-1253; 88-455.)
35 ILCS 200/18-125
(35 ILCS 200/18-125)
Rate limit referenda.
Referenda initiated under Section 18-120
shall be subject to the provisions and limitations of the general election law.
The question of adopting a maximum tax rate other than that applicable shall be
in substantially the following form for all elections held after March 21, 2006:
Shall the maximum tax rate for . . . purposes of . .
. (insert legal name, number, if any, and county or counties of taxing district), Illinois, be established at . . . % of the equalized assessed value of the taxable property therein instead of . . . %, the maximum rate otherwise applicable to the next taxes to be extended?
The votes must be recorded as "Yes" or "No".
The ballot shall have printed thereon, but not as a part of the
proposition submitted, (i) a statement of the purpose or reason for the proposed change in the tax rate, (ii) an estimate of the approximate amount extendable
under the proposed rate and of the approximate amount extendable under
the current rate applicable to the next taxes extended, such amounts being
computed upon the last known equalized assessed value, and (iii) the approximate amount of the tax extendable
against property containing a single family residence and
having a fair market value of $100,000 at the current maximum
rate and at the proposed rate. The approximate amount of the tax extendable against property containing a single family residence shall be calculated (i) without regard to any property tax exemptions and (ii) based upon the percentage level of assessment prescribed for such property by statute or by ordinance of the county board in counties which classify property for purposes of taxation in accordance with Section 4 of Article IX of the Constitution. Any error,
miscalculation or inaccuracy in computing such amounts that is not deliberate
shall not invalidate or
affect the validity of any maximum tax rate so adopted.
If a majority of all ballots cast on the proposition are in favor of the
proposition, the maximum tax rate so established shall become effective with
the levy next following the referendum. It is the duty of the county clerk to
reduce, if necessary, the amount of any taxes levied thereafter. Nothing in
this Section shall be construed as precluding the extension of taxes at rates
less than that authorized by the referendum.
(Source: P.A. 94-976, eff. 6-30-06.)