Pursuant to 65 ILCS 5/11-81-2, in addition to the annual rate of 0.06%, the city shall, immediately and for all years hereafter until this section is repealed, levy an additional tax for street and bridge purposes at a rate not to exceed 0.04% of the value, as equalized or assessed by the Department of Revenue, of taxable property within the city.
(Prior Code, Chapter 25, § 11) (Ord. 5 (Series 1991-1992), passed 7-15-1991)
Statutory reference:
Related provisions, see 65 ILCS 5/11-81-2