Funds by Fund Number with Statutory Language
(a) There is hereby created within the State Treasury a Water Revolving Fund, consisting of 3 interest-bearing special
programs to be known as the Water Pollution Control Loan Program, the Public Water Supply Loan Program, and the Loan
Support Program, which shall be used and administered by the Agency.
(b) The Water Pollution Control Loan Program shall be used and administered by the Agency to provide assistance for the
following purposes:
(1) to accept and retain funds from grant awards, appropriations, transfers, and payments of interest and principal;
(2) to make direct loans at or below market interest rates to any eligible local government unit to finance the
construction of wastewater treatments works;
(3) to make direct loans at or below market interest rates to any eligible local government unit to buy or refinance debt
obligations for treatment works incurred after March 7, 1985;
(3.5) to make direct loans at or below market interest rates for the implementation of a management program established
under Section 319 of the Federal Water Pollution Control Act, as amended;
(4) to guarantee or purchase insurance for local obligations where such action would improve credit market access or
reduce interest rates;
(5) as a source of revenue or security for the payment of principal and interest on revenue or general obligation bonds
issued by the State or any political subdivision or instrumentality thereof, if the proceeds of such bonds will be deposited in
the Fund;
(6) to finance the reasonable costs incurred by the Agency in the administration of the Fund; and
(7) to transfer funds to the Public Water Supply Loan Program.
(c) The Loan Support Program shall be used and administered by the Agency for the following purposes:
(1) to accept and retain funds from grant awards and appropriations;
(2) to finance the reasonable costs incurred by the Agency in the administration of the Fund, including activities under
Title III of this Act, including the administration of the State construction grant program;
(3) to transfer funds to the Water Pollution Control Loan Program and the Public Water Supply Loan Program;
(4) to accept and retain a portion of the loan repayments;
(5) to finance the development of the low interest loan program for public water supply projects;
(6) to finance the reasonable costs incurred by the Agency to provide technical assistance for public water supplies; and
(7) to finance the reasonable costs incurred by the Agency for public water system supervision programs, to administer
or provide for technical assistance through source water protection programs, to develop and implement a capacity
development strategy, to delineate and assess source water protection areas, and for an operator certification program in
accordance with Section 1452 of the federal Safe Drinking Water Act.
(d) The Public Water Supply Loan Program shall be used and administered by the Agency to provide assistance to local
government units and privately owned community water supplies for public water supplies for the following public purposes:
(1) to accept and retain funds from grant awards, appropriations, transfers, and payments of interest and principal;
(2) to make direct loans at or below market interest rates to any eligible local government unit or to any eligible
privately owned community water supply to finance the construction of water supplies;
(3) to buy or refinance the debt obligation of a local government unit for costs incurred on or after July 17, 1997;
(4) to guarantee local obligations where such action would improve credit market access or reduce interest rates;
(5) as a source of revenue or security for the payment of principal and interest on revenue or general obligation bonds
issued by the State or any political subdivision or instrumentality thereof, if the proceeds of such bonds will be deposited
into the Fund; and
(6) to transfer funds to the Water Pollution Control Loan Program
Fund Number 0271 Illinois Racing Board Charity Fund
Chapter 0230 Act 0005 Section 31.1
Fund Group: State Trust Fund Total Revenue FY05: $733,687
Total Revenue FY06: $387,974
Fund Type: Non-Appropriated
Administering Agency: Revenue
Fund Purpose: The purpose of this Fund is to record and disburse fees to provide medical and family counseling and
similar services to persons to who reside or work on the backstretch of Illinois racetracks.
Funds by Fund Number with Statutory Language Page 168
