(65 ILCS 5/8-1-6) (from Ch. 24, par. 8-1-6)
Sec. 8-1-6.
Neither the corporate authorities nor any department or officer
of any municipality shall add to the municipal expenditures in any fiscal
year anything over and above the amount provided for in the annual
appropriation ordinance of that year. No expenditure for an improvement to
be paid for out of the general fund of the municipality shall exceed in any
fiscal year the amount provided for that improvement in the annual
appropriation ordinance.
However, nothing herein contained shall prevent the corporate
authorities, by a two-thirds vote, from making additional appropriations
for the purpose of making improvements or restorations, the necessity for
which is caused by any casualty or accident happening after the annual
appropriation ordinance is passed, nor from making additional
appropriations necessary to meet any emergency, happening after and
unforeseen at the time of passing the annual appropriation ordinance.
Emergency, as used in this section, means a condition requiring immediate
action to suppress or prevent the spread of disease, or to prevent or
remove imminent danger to persons or property. For the purpose of providing
for these additional appropriations, the corporate authorities, by a
two-thirds vote, may authorize the mayor, or village president, and the
finance committee, or in municipalities under the commission form of
municipal government the mayor and commissioner of accounts and finances,
to borrow the amount of money necessary therefor for a space of time not
extending beyond the close of the next fiscal year. The sum borrowed and
the interest thereon, shall be added to the amount authorized to be raised
in the next general tax levy and embraced therein.
Should a judgment be obtained against a municipality, the mayor, or
village president, and the finance committee, or the mayor and commissioner
of accounts and finances, in commission form municipalities, under the
sanction of the corporate authorities, may borrow a sufficient amount to
pay the judgment for a space of time not extending beyond the close of the
next fiscal year. This sum and the interest thereon shall in like manner be
added to the amount authorized to be raised in the general tax levy of the
next year and embraced therein.
This section shall not apply to municipalities operating under special
charters.
(Source: Laws 1961, p. 576.)
|