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Code · Illinois · Chapter 30 — FINANCE · Act 745

Sec. 5. Operating Grants.

74 words·~1 min read·/il/chapter-30/act-745/5

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Sec. 5. Operating Grants. Each eligible station shall receive an annual operating support grant amounting to a pro-rata share of 70% of the grant pool for which it is eligible. This share shall bear the same ratio to 70% of the grant pool from which it came as the station's actual operating cost bore in the previous fiscal year to the aggregate of such actual operating cost for all eligible stations for that year.
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