105 ILCS 5/17-2
2021 Illinois Compiled Statutes|Chapter 105 - SCHOOLS|105 ILCS 5/ - School Code.|Article 17 - Budgets--Tax Rates--Tax Warrants

 (from Ch. 122, par. 17-2)Sec. 17-2. Tax levies; purposes; rates. Except as otherwise provided in  Articles 12 and 13 of this Act, and except as provided in Section 17-2.2e of this Act, the following maximum rates shall apply to all  taxes levied after August 10, 1965, in districts having a population of less  than 500,000 inhabitants, including those districts organized under Article 11  of the School Code. The school board of any district having a population of  less than 500,000 inhabitants may levy a tax annually, at not to exceed the  maximum rates and for the specified purposes, upon all the taxable property of  the district at the value, as equalized or assessed by the Department of  Revenue as follows:(1) districts maintaining only grades 1 through 8,     .92% for educational purposes and .25% for operations and maintenance purposes;(2) districts maintaining only grades 9 through 12,     .92% for educational purposes and .25% for operations and maintenance purposes;(3) districts maintaining grades 1 through 12, 1.63%     for the 1985-86 school year, 1.68% for the 1986-87 school year, 1.75% for the 1987-88 school year and 1.84% for the 1988-89 school year and thereafter for educational purposes and .405% for the 1989-90 school year, .435% for the 1990-91 school year, .465% for the 1991-92 school year, and .50% for the 1992-93 school year and thereafter for operations and maintenance purposes;(4) all districts, 0.75% for capital improvement     purposes (which is in addition to the levy for operations and maintenance purposes), which tax is to be levied, accumulated for not more than 6 years, and spent for capital improvement purposes (including but not limited to the construction of a new school building or buildings or the purchase of school grounds on which any new school building is to be constructed or located, or both) only in accordance with Section 17-2.3 of this Act;(5) districts maintaining only grades 1 through 8,     .12% for transportation purposes, provided that districts maintaining only grades kindergarten through 8 which have an enrollment of at least 2600 students may levy, subject to Section 17-2.2, at not to exceed a maximum rate of .20% for transportation purposes for any school year in which the number of students requiring transportation in the district exceeds by at least 2% the number of students requiring transportation in the district during the preceding school year, as verified in the district's claim for pupil transportation and reimbursement and as certified by the State Board of Education to the county clerk of the county in which such district is located not later than November 15 following the submission of such claim; districts maintaining only grades 9 through 12, .12% for transportation purposes; and districts maintaining grades 1 through 12, .14% for the 1985-86 school year, .16% for the 1986-87 school year, .18% for the 1987-88 school year and .20% for the 1988-89 school year and thereafter, for transportation purposes;(6) districts providing summer classes, .15% for     educational purposes, subject to Section 17-2.1 of this Act.Whenever any special charter school district operating grades 1  through 12, has organized or shall organize under the general school  law, the district so organized may continue to levy taxes at not to  exceed the rate at which taxes were last actually extended by the  special charter district, except that if such rate at which taxes were  last actually extended by such special charter district was less than  the maximum rate for districts maintaining grades 1 through 12  authorized under this Section, such special charter district  nevertheless may levy taxes at a rate not to exceed the maximum rate for  districts maintaining grades 1 through 12 authorized under this Section,  and except that if any such district maintains only grades 1 through 8,  the board may levy, for educational purposes, at a rate not to exceed  the maximum rate for elementary districts authorized under this Section.Maximum rates before or after established in excess of those  prescribed shall not be affected by the amendatory Act of 1965.  (Source: P.A. 99-908, eff. 12-16-16.)