Illinois Statutes Chapter 65. Municipalities § 5/8-12-20. Reorganization of financial accounts, management and budgetary systems

§ 8-12-20. Upon direction of the Authority, the financially distressed city shall reorganize its financial accounts and its management and budgetary systems in whatever manner the Authority deems appropriate to achieve greater financial responsibility and control. The Authority shall not have the power to affect the taxing authority or to consolidate or reduce the restricted debt service funds of the city.