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Code · Illinois · Chapter 75 — LIBRARIES · Act 16

Sec. 30-100. Abolition of working cash fund.

80 words·~1 min read·/il/chapter-75/act-16/30-100

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Sec. 30-100. Abolition of working cash fund. The board may, by resolution, abolish a working cash fund established under Section 30-95 and direct the transfer of any balance in the fund, including any interest that has accrued, to the general library fund at the close of the fiscal year. If the board abolishes a working cash fund under this Section, it may be reestablished in the same manner as the fund was originally created under Section 35-35 of this Act.
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