Sec. 18-115. Use of equalized assessed valuation.
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/il/chapter-35/act-200/18-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 18-115. Use of equalized assessed valuation. The equalized 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.