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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 35-10. Increase in annual tax rate.
(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.
Cite this article: FindLaw.com - Illinois Statutes Chapter 75. Libraries § 16/35-10. Increase in annual tax rate - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-75-libraries/il-st-sect-75-16-35-10/
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