(70 ILCS 1205/11.2-2)
(from Ch. 105, par. 11.2-2)
For the purpose of providing monies for a working cash fund,
the governing board of any park district may levy an annual tax, known
as the "working cash fund tax", for any 4 years
only on all the taxable property of their district
at a rate not to exceed .025% of the value, as equalized or assessed by
the Department of Revenue, to provide monies for the working
cash fund. Prior to the levy and collection of such a tax, a park district
shall adopt a resolution authorizing the levy and collection of the tax,
and, within ten days after the adoption of such a resolution, it shall be
published once in a newspaper published and having a general circulation
in the park district, or, if there is no such newspaper, then in some newspaper
having a general circulation in the county wherein such district or the
greater or greatest portion in area of said district lies.
The publication or posting of the resolution shall include a notice of
(1) the specific number of voters required to sign a petition requesting
that the question of the adoption of the resolution be submitted to the
electors of the district; (2) the time in which the petition must be filed;
and (3) the date of the prospective referendum.
The Secretary of the governing board of the park district shall provide
a petition form to any individual requesting one.
If no valid petition is filed with the Secretary of the Board, as hereinafter
provided in this Section, within 30 days after the publication of the
resolution, the resolution shall be in effect. But, if within that 30 day
period a petition is filed with the Secretary of the Board, signed by
electors in the district numbering 10% or more of the number of registered
voters in the district, asking that the question of levying and collecting
such tax be submitted to the electors of the district, the board shall
certify the proposition to the proper election officials for submission at
the next election in accordance with the general election law. If a
majority of electors voting upon the question voted in favor of the levy
and collection of the tax provided for, such district shall be authorized
and empowered to levy and collect such tax annually for any 4 years only,
but if a majority of the electors voting upon the question are not in favor
thereof, the resolution shall not take effect.
The collection of a tax levied under this Section shall not be anticipated
by the issuance of any warrants drawn against the tax. The tax shall be
levied and collected, except as otherwise provided in this Section, in like
manner as the general taxes of the district, shall be in addition to the
maximum of all other taxes now or hereafter to be levied for park purposes,
and may be levied by separate resolution by the last Tuesday in September
in each year.
No tax levied as provided under this Section shall be invalid by reason
of the fact that any step required for such a levy under this Section was
taken before October 1, 1976 if such required step was taken on or after
August 12, 1976.
(Source: P.A. 87-767.)