Illinois Compiled Statutes
65 ILCS 5/11-129-11 (2026)
All revenue derived from the operation of a water-supply system, improvement or extension constructed or acquired under Section 11-129-9 shall be set aside as collected and deposited in a special fund designated as a municipal water fund for the particular locality
✓ current as of May 2026
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(65 ILCS 5/11-129-11)
(from Ch. 24, par. 11-129-11)
Sec. 11-129-11.
All revenue derived from the operation of a
water-supply system, improvement or extension constructed or acquired
under Section 11-129-9 shall be set aside as collected and deposited in
a special fund designated as a municipal water fund for the particular
locality. The fund shall be used only for the purpose of paying the
cost of operating and maintaining the water-supply system, improvement
or extension, providing an adequate depreciation fund, and paying the
principal and interest on the bonds issued by the municipality under
Section 11-129-9 for the purpose of constructing or acquiring the
system, improvement or extension.
(Source: P.A. 80-1382.)
(65 ILCS 5/Art. 11 Div. 130 heading) DIVISION 130.
CONSTRUCTION AND PURCHASE
OF WATERWORKS
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Notes of Decisions
Cited in 1
case, 2014–2014 · leading case: People v. E.R.H. Enter., 2013 IL 115106 (Ill. 2014).
People v. E.R.H. Enter., 2013 IL 115106 (Ill. 2014). “” 65 ILCS 5/11-129-11 (West 2008). ¶ 49 Although the Prevailing Wage Act does not define the phrase “public funds,” a suitable definition can be found in the Public Funds Investment Act, which defines “public funds” as “current operating funds, special funds, interest and…”
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