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HB0587 Engrossed LRB097 03414 HLH 43451 b AN ACT concerning local government.
HB0587 Enrolled LRB097 03414 HLH 43451 b AN ACT concerning local government.
provided, the aggregate amount of taxes levied for any one year, exclusive of the amount levied for the payment of the principal and interest on bonded indebtedness of the district and taxes authorized by special referenda, shall not exceed, except as HB0587 Engrossed - 2 - LRB097 03414 HLH 43451 b otherwise provided in this Section, the rate of .10%, or the rate limitation in effect on July 1, 1967, whichever is greater, of the value, as equalized or assessed by the Department of Revenue.
provided, the aggregate amount of taxes levied for any one year, exclusive of the amount levied for the payment of the principal and interest on bonded indebtedness of the district and taxes authorized by special referenda, shall not exceed, except as HB0587 Enrolled - 2 - LRB097 03414 HLH 43451 b otherwise provided in this Section, the rate of .10%, or the rate limitation in effect on July 1, 1967, whichever is greater, of the value, as equalized or assessed by the Department of Revenue.
In no instance shall the increase for HB0587 Engrossed - 3 - LRB097 03414 HLH 43451 b corporate purposes cause the park district to exceed the limiting rate that the park district is subject to under Section 18-195 of the Property Tax Code.
In no instance shall the increase for HB0587 Enrolled - 3 - LRB097 03414 HLH 43451 b corporate purposes cause the park district to exceed the limiting rate that the park district is subject to under Section 18-195 of the Property Tax Code.
Such tax shall be in addition to all other taxes authorized by law to be levied and collected in such district and shall not be included within any limitation HB0587 Engrossed - 4 - LRB097 03414 HLH 43451 b of rate contained in this Code or any other law, but shall be excluded therefrom and be in addition thereto and in excess thereof.
Such tax shall be in addition to all other taxes authorized by law to be levied and collected in such district and shall not be included within any limitation HB0587 Enrolled - 4 - LRB097 03414 HLH 43451 b of rate contained in this Code or any other law, but shall be excluded therefrom and be in addition thereto and in excess thereof.
YES HB0587 Engrossed - 5 - LRB097 03414 HLH 43451 b per cent for the purpose of recreational programs (and, optionally, insert specific ---------------------------- purposes or programs as determined by the park district board) as provided in Section NO 5-2 of "The Park District Code"? ------------------------------------------------------------ If a majority of the voters of such district voting thereon shall vote for the levy and collection of the tax, such district is authorized and empowered to levy and collect such tax annually thereafter.
YES HB0587 Enrolled - 5 - LRB097 03414 HLH 43451 b per cent for the purpose of recreational programs (and, optionally, insert specific ---------------------------- purposes or programs as determined by the park district board) as provided in Section NO 5-2 of "The Park District Code"? ------------------------------------------------------------ If a majority of the voters of such district voting thereon shall vote for the levy and collection of the tax, such district is authorized and empowered to levy and collect such tax annually thereafter.
Notwithstanding any provision of this Section to the contrary, if a park district is subject to Section 18-195 of the Property Tax Code and does not levy the tax authorized by Section 5-3a, then it may increase the property tax levy under this Section for the purpose of planning, establishing, and maintaining recreational programs carried on by the district to a total rate not to exceed the total of rates authorized by HB0587 Engrossed - 6 - LRB097 03414 HLH 43451 b this Section and Section 5-3a as long as the increase is offset by a like property tax levy reduction in one or more of the park district's funds.
Notwithstanding any provision of this Section to the contrary, if a park district is subject to Section 18-195 of the Property Tax Code and does not levy the tax authorized by Section 5-3a, then it may increase the property tax levy under this Section for the purpose of planning, establishing, and maintaining recreational programs carried on by the district to a total rate not to exceed the total of rates authorized by HB0587 Enrolled - 6 - LRB097 03414 HLH 43451 b this Section and Section 5-3a as long as the increase is offset by a like property tax levy reduction in one or more of the park district's funds.
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