Illinois Bond Elections


Illinois offers cities and other local governments a few methods to borrow funds without voter approval (e.g. debt certificates).  Certain types of bonds, such as Alternate Revenue Source Bonds, that are secured by a property tax levy are subject to "backdoor referendum."  Bonds that are subject to backdoor referendum do not require voter approval unless a petition is signed by a specified number of registered voters during a specified 30 day period.

Bond issues requiring voter approval must obtain a simple majority vote for passage. 

There are only four days during any two year period in which a referendum may be held. The resolution or ordinance calling for the election must be adopted not less than 79 days prior to the election date.  Dates for elections in the years 2017 and 2018 are as follows:

 

2017 Consolidated Primary - February 28, 2017

2017 Consolidated Election - April 4, 2017

2018 Primary Election - March 20, 2018

2018 General Election - November 6, 2018


 

 

About WMFS

Background

Experience

Resume

Services

Resources

News

Site Map

Home

WM Financial Strategies
11710 Administration Drive
Suite 7
St. Louis, Missouri 63146
Phone (314) 423-2122
Fax (314) 432-2393
JHoward@munibondadvisor.com