Illinois Compiled Statutes
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30 ILCS 120/10
(30 ILCS 120/10)
(from Ch. 85, par. 660)
(a) Effective with fiscal year 1987, each county fair's authorized
shall be set at 66 2/3% of the approved amount of premium paid in either
fiscal year 1984 or 1985, whichever year has the largest approved amount.
The authorized base of the Gallatin, Montgomery and Massac county fairs for
years 1987 and 1988 shall be $15,000 each. If there is a
change in the appropriation, the Director shall allocate to each fair the
same percentages of that appropriation as it received of the authorized
bases for all fairs.
(b) The Department shall reimburse each eligible county fair as follows:
100% of the
first $2,000 of approved premiums awarded at each eligible county fair;
85% of the next $2,000;
75% of the next $3,000;
65% of the next $3,000;
55% of the next $4,000; and
50% of the remaining premiums paid until the total reimbursement equals the
authorized base amount for each fair.
(c) If, after all approved state aid claims are paid for the current
year pursuant to subsection (b) of this Section, any amount remains in the
appropriations for state aid, that
remaining amount shall be distributed on a
grant basis. If the total amount of excess approved state aid claims over the
base is equal to or less than the remaining amount appropriated
for state aid, then each participating fair shall receive a grant equivalent
to the excess of its approved claim over its authorized base. If the total
of excess approved state aid claims exceeds the remaining monies appropriated
state aid, the grants shall be distributed to the participating fairs in
proportion to the total amounts of their respective excess approved claims. If,
after all approved claims are paid, any amount remains, that amount shall
be distributed to all county fairs eligible under this Section in proportion
to their total state aid claims. Fairs filing approved claims exceeding
both their authorized base and the grant provided for in this subsection
shall participate in the Growth Incentive Program set forth in Section 10.1.
Grant monies received by a county fair shall be used only
for premiums, awards, judge's fees, and other expenses incurred by the
fair which are directly related to the operation of the fair and
approved by regulation of the Department. Each fair shall file with the
Department a fiscal accounting of the expenditure of the grant monies
received under this subsection each year at the same time it files its
report under Section 12 in relation to the fair held in the next
Effective with fiscal year 1989 and each odd numbered fiscal year
thereafter, the authorized base of all participating county fairs shall be
adjusted by applying 66 2/3% to the amount of approved premiums paid in the
highest of the previous 2 fiscal years.
(Source: P.A. 91-934, eff. 6-1-01.)