(65 ILCS 5/8-2-9.7) (from Ch. 24, par. 8-2-9.7)
Sec. 8-2-9.7.
Funds for contingency purposes.
The annual budget may contain
money set aside for contingency
purposes not to exceed ten percent of the total budget, less the amount set
aside for contingency purposes, which monies may be expended for
contingencies upon a majority vote of the corporate authorities then
holding office.
(Source: P.A. 76-1117.)
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