No other expenditure shall be made by the city unless it is consistent with the Financial Plan and Budget in effect.
65 ILCS 5/8-12-18
The financially distressed city shall meet its debt service obligations as they become due
Known as the Financially Distressed City Law
The act spans §§ 65-5-8-12-1 to 65-5-8-12-9 (24 sections).
P.A. 86-1211.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.