Sec. 35-10. Increase in annual tax rate.

148 words·~1 min read·/il/chapter-75/act-16/35-10

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The annual public library tax may be increased to not more than 0.60% if the voters of the district determine and approve the increase by a majority vote of those voting upon the question at any regular election. The question shall be submitted by the proper election authority pursuant to an ordinance or pursuant to a petition served upon the secretary and bearing not fewer than 100 signatures of voters residing within the district. The question shall be in substantially the following form:

Shall the annual public library tax rate for (name of public library district),

(location), Illinois, be established at (rate)% of full, fair cash value instead of at (rate)%, the maximum rate otherwise applicable to the next taxes to be extended?

(b)Voter approval of an increase under a prior law shall satisfy the requirements of this Section.