Funds by Fund Number with Statutory Language
Fund Number 0069 Natural Heritage Endowment Trust Fund
Chapter 0030 Act 0150 Section 4
Fund Group: State Trust Fund Total Revenue FY05: $29,934
Total Revenue FY06: $51,595
Fund Type: Non-Appropriated
Administering Agency: Natural Resources
Statutory Language:
There is established the Natural Heritage Fund. The moneys in this fund shall be used, pursuant to appropriation, exclusively
by the Department for the preservation and maintenance of natural heritage lands held in the public trust. The Natural
Heritage Fund shall be financed through transfers of investment income earned by the Natural Heritage Endowment Trust
Fund created herebelow.
The Natural Heritage Endowment Trust Fund (Trust Fund) is created as a trust fund in the State treasury. The Trust Fund
shall be established in the form of an irrevocable trust in a depository bank with capital in surplus of at least $50,000,000
and approved by the State Treasurer. The Trust Fund shall be financed by a combination of private donations and by
appropriations by the General Assembly. The Department may accept from all sources, contributions, grants, gifts,
bequeaths, legacies of money and securities to be deposited into the Trust Fund. All deposits shall become part of the Trust
Fund corpus. Moneys in the Trust Fund, are not subject to appropriation and shall be used solely to provide financing to the
Natural Heritage Fund.
All gifts, grants, assets, funds, or moneys received by the Department under this Act shall be deposited and held in the Trust
Fund by the State Treasurer as ex officio custodian separate and apart from all public moneys or funds of this State and shall
be administered by the Director exclusively for the purposes set forth in this Act. All moneys in the Trust Fund shall be
invested and reinvested by the State Treasurer. All interest accruing from these investments shall be deposited in the Trust
Fund.
The Governor shall request and the General Assembly may appropriate funds to the Trust Fund up to an amount not to
exceed a total of $2,500,000. Subject to appropriation, the Department shall pay into the Trust Fund at the end of each fiscal
year the sum of $500,000 and such sum equal to the amount by which private contributions for the year exceed $500,000.
Once the corpus of the Trust Fund has reached $5,000,000, any obligation of the State to provide State funds to the Trust
Fund shall cease; however, additional private funds donated specifically to the Trust Fund shall be applied to the Trust Fund
corpus.
Fund Purpose: The purpose of this Fund is to record money received by the Illinois Department of Conservation for
the preservation and maintenance of natural heritage lands held in the public trust.
Fund Number 0070 ICCB Instructional Development and Enhancement Applications
Revolving Fund
Chapter 0110 Act 0805 Section 2-16.09
Fund Group: Special State Fund Total Revenue FY05: $0
Total Revenue FY06: $47,860
Fund Type: Appropriated
Administering Agency: Illinois Community College Board
Statutory Language:
The Illinois Community College Board Instructional Development and Enhancement Applications Revolving Fund is
created as a special fund in the State treasury. The State Board shall deposit into the Fund moneys received by the State
Fund Purpose: The purpose of this Fund is to receive monies from the ICCB's sale of instructional technology it has
developed. Monies in the Fund shall be used by the Board, subject to General Assembly
appropriation, for costs associated with maintaining and updating the instructional technology.
Funds by Fund Number with Statutory Language Page 68
