(65 ILCS 5/11-112-5) (from Ch. 24, par. 11-112-5)
Sec. 11-112-5.
All taxes collected by virtue of Sections 11-112-3 through
11-112-8 shall be deposited in the municipal treasury to the credit of what
shall be called the levee fund. This fund shall be kept separate and apart
from all other funds or money of the municipality and shall be used and
paid out only for the purpose specified in those sections. The money in
this levee fund, as far as possible, shall be kept at interest by the
municipality.
(Source: Laws 1961, p. 576.)
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