50 ILCS 330/1
Title of Act
Title of Act. This Act may be cited as the Illinois Municipal Budget Law. (Source: P.A. 86-1475.)
Illinois Compiled Statutes 50 ILCS 330 — Illinois Municipal Budget Law.
Illinois · statute · 50 ILCS 330 · 3 active provisions
50 ILCS 330/3
The governing body of each municipality of this State, coming within the provisions of this Act, shall, within or before the first quarter of each fiscal year, adopt a combined annual budget and appropriation ordinance, by which ordinance the governing body may appropriate such sum or sums of money as may be deemed nec…
50 ILCS 330/4
The failure by any governing body of any municipality to adopt an annual budget and appropriation ordinance, or to comply in any respect with the provisions of this Act, shall not affect the validity of any tax levy of any such municipality, otherwise in conformity with the law. (Source: Laws 1943, vol. 1, p. 1060.)