55 ILCS 5/6-24002
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-24002)Sec. 6-24002.     Budget estimates; arrangement of appropriations.     Budget estimates shall be prepared and appropriations shall be  made in a manner that reflects the utilization of program, performance and  cost effectiveness principles, and budget estimates shall include  statements of the amounts and sources of all anticipated revenues including  those from Federal, State, other governments, and all other sources.  Appropriations shall be arranged according to funds and programs and  sub-activities and also according to departments and other offices and  agencies of the County. Such annual appropriation bill shall specify the  objects and purposes for which appropriations are made and the amount  appropriated for each object or purpose and shall include appropriations  for (a) all current expenditures or charges to be made or incurred during  such fiscal year, including interest to accrue on anticipation tax warrants  and notes and temporary loans; (b) all final judgments, including accrued  interest thereon, entered against such county and unpaid at the beginning  of such fiscal year; (c) any amount for which the board of commissioners of  such county is required to reimburse the working cash fund from the general  corporate fund pursuant to the provisions of Division 6-27; (d) all  other liabilities including the principal of all anticipation tax warrants  and notes and all temporary loans and accrued interest thereon, incurred  during prior years and unpaid at the beginning of such fiscal year; and (e)  an amount or amounts estimated to be sufficient to cover the loss and cost  of collecting taxes to be levied for such fiscal year and also the amounts  of taxes so levied for the nonpayment of which real estate shall be  forfeited to the State and abatements in the amounts of such taxes as  extended upon the collectors' books.The objects and purposes for which appropriations shall be made are  classified and standardized by the following items, and by such items shall  be designated in the budget documents and the annual appropriations  ordinances: (1) personal services, (2) non-personal expenses, (3) equipment  outlays or contracts, (4) land and permanent improvements, (5)  contingencies. Contingencies shall be for subsequent transfer, if  necessary, to purposes or objects to cover only expenditures required that  could not reasonably have been foreseen and provided for at the time of the  enactment of the appropriation ordinance. The amount of any such  contingency items for each separate fund shall in no case exceed 3% of the  total annual appropriations of such fund. Contingencies appropriations  shall be by funds. Land and permanent improvements shall include the fiscal  year's portion of the county's long-range capital improvement plan, or so  much thereof as is to be appropriated therefor from all funds, regardless  of source appropriated by the county board.In addition to amounts provided for in this Section, (1) an unreserved  fund balance may be carried to provide adequate support for the county's  bond ratings and protection against unanticipated revenue shortfalls, and  (2) a self insurance fund may be provided to satisfy claims for which the  county may be liable.    (Source: P.A. 86-962; 87-1192.)