(65 ILCS 5/8-2-1) (from Ch. 24, par. 8-2-1)
Sec. 8-2-1.
Pursuant to the provisions of Sections 8-2-1 through 8-2-8, the
corporate authorities in municipalities with a population of 500,000 or
more, shall pass an ordinance within the last 60 days of each fiscal year,
to be termed the annual appropriation ordinance. In this ordinance the
corporate authorities, subject to the limitations contained in Sections
8-2-1 through 8-2-8, may appropriate such sums of money as are deemed
necessary to defray all necessary expenses and liabilities of the
municipality to be paid or incurred during the next fiscal year.
(Source: Laws 1961, p. 576.)
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