Available funds

50 ILCS 515/40, under Local Government Energy Conservation Act.

50 ILCS 515/40

(50 ILCS 515/40)

    Sec. 40. Available funds. A unit of local government may use funds designated for operating or capital expenditures for any guaranteed energy savings contract, including purchases using installment payment contracts or lease purchase agreements. A unit of local government that enters into such a contract or agreement may covenant in the contract or agreement that payments made under the contract shall be payable from the first funds legally available in each fiscal year.

(Source: P.A. 88-173.)