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(30 ILCS 740/2-6) (from Ch. 111 2/3, par. 666)
Sec. 2-6. Allocation of funds.
(a) With respect to all participants other
than any Metro-East
Transit District participant, the Department shall allocate the funds to be
made available to each participant under this Article for the following
fiscal year and shall notify the chief official of each participant not
later than the first day of the fiscal year of this amount. For Fiscal Year
1975, notification shall be made not later than January 1, 1975, of the
amount of such allocation. In determining the allocation for each
participant, the Department shall estimate the funds available to the
participant from the Downstate Public Transportation Fund for the purposes
of this Article during the succeeding fiscal year, and shall allocate to
each participant the amount attributable to it which shall be the amount
paid into the Downstate Public Transportation Fund under Section 2-3 from
within its boundaries. Said allocations may be exceeded for participants
receiving assistance equal to one-third of their eligible
operating expenses, only if an allocation is less than one-third of such
participant's eligible operating expenses, provided, however, that no other
participant is denied its one-third of eligible operating expenses. Beginning
in Fiscal Year 1997, said allocation may be exceeded for
participants receiving
assistance equal to the percentage of their eligible operating
expenses provided for in paragraph (b) of Section 2-7, only if
allocation is less than the percentage of such participant's
eligible operating expenses provided for in paragraph (b) of Section 2-7,
provided however, that no other participant is denied its percentage
of eligible
operating expenses.
(b) With regard to any Metro-East Transit District organized under the
Local Mass Transit District Act and serving one or more of the Counties of
Madison, Monroe and St. Clair during Fiscal Year 1989, the Department shall
allocate the funds to be made available to each participant for the
following and succeeding fiscal years and shall notify the chief official
of each participant not later than the first day of the fiscal year of this
amount. Beginning July 1, 2005, and ending June 30, 2008, the Department shall allocate the amount paid into the
Metro-East Public Transportation Fund to the District
serving primarily the County of Madison.
(Source: P.A. 94-70, eff. 6-22-05; 95-708, eff. 1-18-08.)
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