Article 275 - Township Funds For Museums Or Historical Societies - Illinois Statutes

      (60 ILCS 1/Art. 275 heading)ARTICLE 275. TOWNSHIP FUNDS FOR MUSEUMS OR HISTORICAL SOCIETIES

(60 ILCS 1/275‑5)     Sec. 275‑5. Distribution to museum or historical society. Whenever a township board determines that the general township fund of the township contains funds not derived from a township tax levy that are not needed for township purposes during the remainder of the then current fiscal year, the board may by resolution direct that all or any portion of those funds (not to exceed $10,000) be distributed to a not for profit museum or historical society to be used for the operation and maintenance of the museum or historical society. (Source: P.A. 82‑783; 88‑62.)

(60 ILCS 1/275‑10)     Sec. 275‑10. Purposes of museum or historical society. Any museum or historical society for which township funds are distributed under this Article shall be maintained and operated, in addition to any other purposes, for the following purposes:         (1) To foster and promote a sense of understanding

and pride in the accomplishments and achievements of the people of the township.

(2) To promote a greater knowledge of the history of

the township and its relationship to the history of the State of Illinois and the United States.

(3) To provide access to historical relics and items

by the people of the township and in particular the youth of the township.

(Source: Laws 1967, p. 82; P.A. 88‑62.)

(60 ILCS 1/275‑15)     Sec. 275‑15. Use of funds; financial statement.     (a) Any funds paid to a not for profit museum or historical society must be used solely for the maintenance and operation of the museum or historical society.     (b) Within 60 days after the close of the fiscal year of any museum or historical society for which funds were provided under this Article, the museum or historical society that received the funds shall file with the township clerk a complete statement of the financial affairs of the museum or historical society for the fiscal year. The statement must be verified under oath and must show, for the fiscal year, (i) the amount expended in the maintenance and operation of the museum or historical society and the reasons for the expenditure; (ii) the amount of township funds received; (iii) the amount and source of any other funds received for those purposes; and (iv) the amount remaining on hand for maintenance and operation of the museum or historical society. The township clerk shall record the statement in the record book of the township and shall cause the statement to be published in a newspaper having general circulation in the township within 30 days after it is filed with the clerk. (Source: Laws 1967, p. 82; P.A. 88‑62.)