105 ILCS 5/5-17
2021 Illinois Compiled Statutes|Chapter 105 - SCHOOLS|105 ILCS 5/ - School Code.|Article 5 - Trustees of Schools

 (from Ch. 122, par. 5-17)Sec. 5-17. Payment of claims - Apportionment and distribution of  funds. At the regular meetings, the trustees shall appropriate and pay  from the income of the permanent township fund, if it is sufficient, all  valid claims for the following:1.  The compensation of the treasurer.2.  The cost of publishing the annual statement.3.  The cost of a record book, if any.4.  The cost of dividing school lands and making     plats.If the income of the permanent township fund is not sufficient to  meet such items the additional amount needed may be taken from the total  of other funds subject to distribution, each district -- exclusive of  any district which has withdrawn from the jurisdiction and authority of the  trustees of schools of the township and which has elected or appointed its  own school treasurer as provided in subsection (b) of Section  5-1 -- being charged as its share of such items the proportion which the  amount of school funds of the district handled by the township treasurer  bears to the total amount of all school funds handled by such treasurer.In Class II county school units (excluding therefrom, however, any  township therein in which the offices of township treasurer and trustee of  schools have been abolished as provided in subsection (c) of Section 5-1)  if any balance of the income from the  permanent township fund in any township remains after paying such items,  such balance shall be apportioned and distributed to the districts and  parts of districts in the township -- including any district which has  withdrawn from the jurisdiction and authority of the trustees of schools of  the township and which has elected or appointed its own school treasurer as  provided in subsection (b) of Section 5-1 -- in which schools  have been kept as required by law during the preceding year ending June 30,  according to the number of pupils in average daily attendance in grades one to  eight inclusive. At the  semi-annual meetings in all such townships all remaining funds subject  to distribution shall be apportioned and distributed to the districts  and parts of districts in the township in which schools have been kept  as required by law during the preceding year ending June 30, in the  manner and subject to the limitations prescribed in Sections 18-2  through 18-11 for the distribution of the common school fund among the  counties, provided that -- except for any balance of the income from the  permanent township fund remaining after payment of the items set forth in  subparagraphs 1, 2, 3 and 4 of this Section -- no funds shall be  apportioned or distributed to any school district which has withdrawn from  the jurisdiction and authority of the trustees of schools and appointed its  own school treasurer pursuant to Section 5-1; and the trustees shall  direct the treasurer to make a regular monthly apportionment and  distribution between semi-annual meetings, in the manner prescribed by  those sections, of any available funds on hand from the common school fund.  The funds distributed shall be credited to the respective districts and  parts of districts.In Class I county school units and in any township forming a part of  a Class II county school unit in which township the offices of township  treasurer and trustee of schools have been abolished as provided in  subsection (c) of Section 5-1, if any balance of income from the  permanent township fund in any township remains after paying such items,  such balance or a part thereof equal to but not greater than the then  current tax levy or tax levies for common school purposes by all the  school districts or parts of school districts in said township on  property in said township in process of collection in the county wherein  the township having such fund is located, shall, upon an order drawn by  the treasurer and signed by the president and secretary of the township land  commissioners or regional board of school trustees, be paid annually on  or before February 1 to the County  Treasurer of the county in which such township is situated. It shall  then be the duty of the County Treasurer to apply and credit the sum so  received upon all tax bills for school purposes of the taxpayers in the  township, said sum to be applied and credited proportionately upon the  basis of the value of assessed property represented by each such tax  bill. Any sum received by the County Treasurer in excess of the amount  required to discharge in full the amount of all taxes for school  purposes so extended against taxable property within the township shall  be held by the County Treasurer and applied to taxes subsequently  extended for such purposes: Provided, that if a petition, signed by at  least 5% of the legal voters of the township, is presented to the regional  superintendent of schools of the educational service region  in which the township is located  requesting a vote on the proposition that such balance of the income  from the permanent township fund shall be apportioned and distributed to  the districts and parts of districts in the township in which schools  have been kept as required by law during the preceding year ending June  30, according to the number of pupils in average daily attendance in  grades one to eight, inclusive, upon an order drawn by the treasurer and signed by the  president and secretary of the township land commissioners or regional  board of school trustees, to be paid annually  on or before February 1, the regional superintendent of schools shall certify  to the proper election authority the proposition for submission to the  voters of the township in accordance with the general election law.  The treasurer shall cause a copy of the order to be published in one or  more newspapers published in the county school unit within 10 days after  the order is drawn. If no newspaper is published in the county school unit,  the order shall be published in a newspaper having general circulation  within the county school unit. The publication of the order shall include a  notice of (1) the specific number of voters required to sign a petition  requesting that the proposition to apportion and distribute to the several  school districts the excess of the income from the permanent township fund  be submitted to the voters of the township; (2) the time within which  the petition must be filed; and  (3) the date of the prospective referendum. The treasurer shall provide a  petition form to any individual requesting one. If the proposition receives  a majority of the votes cast thereon, it shall supersede the preceding  provisions for the distribution of such balance.    (Source: P.A. 94-1105, eff. 6-1-07.)