(70 ILCS 1865/13) (from Ch. 19, par. 191)
Sec. 13.
The Board may, after referendum approval, levy a tax for
corporate purposes of the District annually at the rate approved by
referendum, but which rate shall not exceed .05% of the value of all
taxable property within the Port District as equalized or assessed by
the Department of Revenue.
If the Board desires to levy such a tax it shall order that the question
be submitted at an election to be held within the District. The Board shall
certify the order and the question to the proper election officials, who
shall submit the question to the voters
at an election in accordance with the general election law. The Board
shall cause the result of the referendum to be entered upon the records
of the Port District. If a majority of the vote cast on the question is
in favor of the proposition,
the Board may thereafter levy a tax
for corporate purposes at a rate not to exceed that approved by
referendum but in no event to exceed .05% of the value of all taxable
property within the District as equalized or assessed by the Department
of Revenue.
The question shall be in substantially the following
form:
-------------------------------------------------------------- Shall the Waukegan Port District levy a tax for YES corporate purposes annually at a rate not to exceed ....% -------------------------- of the value of taxable property as equalized or assessed by the NO Department of Revenue?--------------------------------------------------------------
(Source: P.A. 81-1489; 81-1509.)
|