(620 ILCS 50/66) (from Ch. 15 1/2, par. 170)
Sec. 66.
The fiscal year of the Commission shall correspond to the fiscal
year of the county and in case of a joint Commission shall be the fiscal
year of the county having the greater population.
The Commission shall make a progress report each month to the county
board, and within one month after the close of such fiscal year, shall make
a full and complete report of its activities and transactions.
The Commission, not later than thirty days prior to the end of the
fiscal year, shall prepare a budget, and appropriation ordinance, in the
same form and manner as is now prescribed by law for counties, and file the
same with the county board, and shall certify to the county board the sum
or sums necessary and require to be raised by taxation to defray the cost
of constructing, operating, repairing, maintaining, improving and acquiring
the airports under its jurisdiction for the next fiscal year.
(Source: Laws 1945, p. 594.)
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