(35 ILCS 200/18-20)
Abatement of levies.
(a) Notwithstanding any other law to the contrary, if any taxing district
receives funds under Section 12 of the State Revenue Sharing Act, which may
lawfully be used by the district, the governing authority of the district, upon
determining that a surplus of funds is available for any purpose, shall adopt a
resolution or ordinance reducing its tax levy for the year for which the
resolution or ordinance is adopted.
(b) If any taxing district reduces its levy, the governing authority of the
district shall certify its action to the county clerk of each county collecting
those taxes. The county clerk shall abate the levy of the district in
accordance with the provisions of the certified resolution or ordinance.
(Source: P.A. 81-1255; 88-455.)