(65 ILCS 5/11-1-3)
(from Ch. 24, par. 11-1-3)
The corporate authorities of any city or village
containing less than 500,000 inhabitants may levy, annually, a tax not
to exceed .075% of the value, as equalized or assessed by the Department
of Revenue, of all taxable property therein, to provide
revenue for the purpose of police protection in that municipality. This
tax shall be in addition to and in excess of all taxes authorized by law
to be levied and collected in that city or village and shall be in
addition to and in excess of the amount authorized to be levied for
general purposes as provided by Section 8-3-1.
However, municipalities authorized to levy this tax on July 1, 1967
shall have a rate limitation of .15% or the rate limitation in effect on
July 31, 1969, whichever is greater.
(Source: P.A. 81-1509.)