ILCS » Chapter 55 · Act 5
Illinois Compiled Statutes

55 ILCS 5/3-11003 (2026)

Classification of funds

✓ current as of May 2026
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(55 ILCS 5/3-11003) (from Ch. 34, par. 3-11003)
    Sec. 3-11003. Classification of funds. For the purpose of establishing a control over the withdrawal, in accordance with the provisions of this Division, of all county moneys deposited in any bank, savings and loan association, savings bank, or credit union, as hereinafter required, such moneys are hereby classified as follows:
    Class A. All taxes and special assessments received by the county treasurer in his capacity as ex officio county collector or ex officio town collector, and held by him pending distribution to the several governments or authorities entitled to receive the same, shall be known as "Class A" funds.
    Class B. All other moneys belonging to the State of Illinois or to any political or corporate subdivision thereof, except the county, shall be known as "Class B" funds.
    Class C. All moneys belonging to the county in its corporate capacity shall be known as "Class C" funds.
    Class D. All other county moneys as defined in Section 3-11001 shall be known as "Class D" funds.
(Source: P.A. 97-129, eff. 7-14-11.)

    
Notes of Decisions
Cited in 3 cases, 2011–2017 · leading case: Vill. of Arlington Heights v. Pappas, 2016 IL App (1st) 151802 (Ill. App. Ct. 2017).
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Vill. of Arlington Heights v. Pappas, 2016 IL App (1st) 151802 (Ill. App. Ct. 2017). · cites it 2× “The Treasurer collects the taxes, deposits them in the so-called Class A fund (55 ILCS 5/3-11003 (West 2012)), and distributes to each taxing district its respective share of property tax revenue in proportion to the rates established by the county clerk.”
The Vill. of Arlington Heights v. Pappas, 2016 IL App (1st) 151802 (Ill. App. Ct. 2016). · cites it 2× “The Treasurer collects the taxes, deposits them in the so-called Class A fund (55 ILCS 5/3-11003 (West 2012)), and distributes to each taxing district its respective share of property tax revenue in proportion to the rates established by the county clerk.”
Jackson v. Bd. of Election Com'rs, 944 N.E.2d 439 (Ill. App. Ct. 2011). “" 55 ILCS 5/3-11003 (West 2008). Thus, city funds are "Class A" funds, and county funds are "Class C" funds.”
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