Illinois Compiled Statutes

105 ILCS 5/20-3 (2026)

Tax levy

✓ current as of May 2026
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(105 ILCS 5/20-3) (from Ch. 122, par. 20-3)
    Sec. 20-3. Tax levy. For the purpose of providing moneys for a working cash fund, the school board of any such school district may also levy annually upon all the taxable property of their district a tax, known as the "working cash fund tax," not to exceed 0.05% of value, as equalized or assessed by the Department of Revenue; provided that no such tax shall be levied if bonds are issued in amount or amounts equal in the aggregate to the limitation set forth in Section 20-2 for the creation, re-creation, or increase of a working cash fund. The collection of the tax shall not be anticipated by the issuance of any warrants drawn against it. The tax shall be levied and collected, except as otherwise provided in this Section, in like manner as the general taxes of the district, and shall be in addition to the maximum of all other taxes, either educational; transportation; operations and maintenance; or fire prevention and safety fund taxes, now or hereafter to be levied for school purposes. It may be levied by separate resolution by the last Tuesday in December in each year or it may be included in the certificate of tax levy filed under Section 17-11.
(Source: P.A. 96-1277, eff. 7-26-10.)

    
Notes of Decisions
Cited in 3 cases, 2013–2013 · leading case: Barrett v. Henry, 2013 IL App (2d) 120829 (Ill. App. Ct. 2013).
Barrett v. Henry, 2013 IL App (2d) 120829 (Ill. App. Ct. 2013). “See 105 ILCS 5/20-3 (West 2002). -4- other financial obligations].”
Lutkauskas v. Ricker, 2013 IL App (1st) 121112 (Ill. App. Ct. 2013). “To fund the working cash fund, the district “may incur an indebtedness and issue bonds as evidence thereof” (105 ILCS 5/20-2 (West 2010)) or may levy taxes (105 ILCS 5/20-3 (West 2010)). Money from the working cash fund “may be used by the school board for any and all school…”
Lutkauskas v. Ricker, 2013 IL App (1st) 121112 (Ill. App. Ct. 2013). “1-12-1112 ILCS 5/20-2 (West 2010)) or may levy taxes (105 ILCS 5/20-3 (West 2010)). Money from the working cash fund “may be used by the school board for any and all school purposes and may be transferred in whole or in part to the general funds or both of the school district…”
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