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The County Board hereby authorizes the County Treasurer to accept the payment of real estate taxes by credit card and to impose a convenience fee upon those individuals choosing to pay their taxes by credit card pursuant to the terms of ILCS Ch. 50, Act 345, § 25(c).
(1980 Code, § 40.17) (Res. 03-385a, passed 9-18-2003; Res. 06-286, passed 7-20-2006; Res. 07-128, passed 4-19-2007)
The County Board hereby establishes a policy to cease entertaining requests from other local governmental entities to act as their designated officer in the extension and collection of non-ad valorem special service area assessments, effective December 1, 2007.
(1980 Code, § 40.18) (Res. 07-477, passed 11-15-2007)
(A) It is the goal of the county to have a 25% (three-months) corporate fund cash reserves at year- end. This reserve ratio shall be calculated as the year-end corporate cash balance divided by the subsequent year’s budgeted corporate fund expenses.
(B) With the exception of additional reserves set aside for capital or other special projects, if the corporate fund cash reserves fall below 22%, or exceed 26%, the Finance Committee shall recommend corrective action to bring the corporate fund cash reserve into this targeted range.
(C) Appropriate reserve levels will be maintained for special funds, whenever possible and appropriate.
(1980 Code, § 40.19) (Res. 08-219, adopted 5-15-2008)
In order to expedite the year-end close of the county’s books, and allow for the timely presentation of the year-end financials, the reserve period for year-end closure of the county’s books shall be 60 days.
(1980 Code, § 40.20) (Res. 08-423, adopted 10-16-2008)
Any expenditures from the additional 0.25% sales tax proceeds shall be strictly limited to that of capital cost of any transportation and/or public safety services. At no time now, or in the near or distant future, shall the proceeds be used for any operating costs.
(1980 Code, § 40.21) (Res. 08-220, adopted 5-15-2008)
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