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List of Forms by Chapter
Chapter 1 — Finance and Tax
III. Property Tax
IV. [1.14] Property Tax Extension Limitation Law
V. [1.20] Specific Property Tax Levies
VI. [1.23] Non-Property Taxes
VIII. [1.35] Other Sources of Municipal Revenues and Methods of Municipal Financing
IX. Deposits and Investments
X. [1.63] Receipt, Accounting, Auditing, and Reporting of Public Funds
XI. [1.76] Municipal Finance Calendar: Statutory Duties for Municipal Officials
Chapter 2 — General Obligation and Revenue Bonds
I. Introduction
II. [2.3] Purposes and Procedures
III. [2.29] Sale and Delivery of the Bonds
Chapter 3 — Sale of Municipal Obligations
III. [3.3] Members of the Financing Team
IV. Time Frame and Scheduling
V. Certain Marketing Considerations
VI. Disclosure Requirements
IX. [3.18] Recent Developments
X. Useful Information and Resources
Chapter 4 — Special Assessments, Special Service Areas, and Business Districts
I. Applicability
II. [4.6] Procedures Under the Illinois Constitution and Article 9 of the Illinois Municipal Code
III. Public Hearing Procedures
IV. Action by Corporate Authorities
V. Assessment Roll
VI. Court Procedures
VII. Steps Leading To Construction of Improvement
VIII. Special Assessment Financing Procedures
IX. Final Court Action
XXIII. Special Service Area Financing
XXV. Business Districts
Chapter 5 — Tax Increment Allocation Financing
III. When To Use TIF
IV. Procedures To Use TIF
VI. The Redevelopment Agreement
VII. TIF Project Financing
VIII. Amending a Redevelopment Project Area
Chapter 6 — Municipal Property
II. Acquisition of Property
III. Control and Use of Property
IV. Sale and Disposition of Municipal Property
VI. State Jurisdiction over All Property
VII. Environmental Liability
VIII. Appendix
Chapter 7 — Police Officers’ and Firefighters’ Pension Boards
I. Introduction
II. Creation of Pension Boards
III. Board Membership and Meetings
IV. Eligible Employees
VI. Disability Benefits
VIII. Conduct of Hearings
X. Financial Sources of Pension Funding
XII. Interaction Between the Municipality and Its Pension BoardsThomas P. Bayer is a Partner at Klein, Thorpe and Jenkins, Ltd., in Chicago, where he practices in the areas of general municipal, economic development, and zoning and land use law. He has been named a Leading Lawyer in the government category from 2008 – 2021, and he was awarded the Marvin J. Glink Private Practice Local Government Award by the International Municipal Lawyers Association in 2017. He is the coauthor of several Illinois Municipal League publications. Mr. Bayer received his B.A. with highest honors from DePaul University and his J.D. with honors from DePaul University College of Law, where he graduated number one in his class.
Mark E. Burkland is an attorney at Elrod Friedman LLP in Chicago, where he concentrates his practice in state and local government law and land use and development law. He is Village Attorney for the Villages of La Grange and Arlington Heights, General Counsel to the Park District of Oak Park, and special counsel to several municipalities and other local governments. He also counsels private-sector clients in all aspects of entitlement and development work. Mr. Burkland received both his B.S. and his J.D. from the University of Illinois and was Articles Editor of the University of Illinois Law Review. He clerked for the Honorable William J. Bauer, U.S. Court of Appeals for the Seventh Circuit, before entering private practice.
James V. Ferolo is a Partner at Klein, Thorpe and Jenkins, Ltd., in Chicago, where he focuses his practice on the representation of local governmental entities in matters such as local government law, economic development matters, and employment law. He has spoken and written frequently for the Illinois Municipal League, IICLE®, the Lake County Municipal League, and other governmental organizations. Mr. Ferolo received his BA from Northwestern University and his JD from the Loyola University School of Law.
Peter M. Friedman is a Partner at Elrod Friedman LLP in Chicago. He is Vice Chair and a board member of the Cook County Land Bank Authority, a board member of Epic Academy, and a member of the Chicago Products Council of ULI. Mr. Friedman received his BA from Allegheny College and his JD from the American University Washington College of Law.
Emily A. Hanson Santana is a Public Finance Attorney at PMA Securities, Inc., in Naperville, where she focuses her practice on public finance. She is a member of the National Association of Bond Lawyers and Women in Public Finance. Ms. Hanson Santana received her B.A. from the University of Notre Dame and her J.D. from Saint Louis University School of Law.
Kyle W. Harding is a Partner at Chapman and Cutler LLP in Chicago, where he focuses his practice on public finance. He is a Service Associate of the Illinois Association of School Business Officials. Mr. Harding received his BA from Kalamazoo College and his JD from the University of Michigan Law School.
Michael T. Jurusik is President and Partner at Klein, Thorpe and Jenkins, Ltd., in Westmont, where he concentrates his practice in municipal law, zoning, and economic development. He has been an author and a speaker for various organizations, including IICLE®, the Illinois Municipal League, and the Illinois State Bar Association. He is a member of the American and Illinois State Bar Associations and is on the ISBA’s Local Government Section Council, for which he is also Past Chair. He has been recognized as a Leading Lawyer in Illinois in the area of Governmental, Municipal, Lobbying, and Administrative Law. Mr. Jurusik received his BA from Hamilton College and his JD from the Loyola University Chicago School of Law.
Kelly K. Kostis a Partner at Chapman and Cutler LLP in Chicago, where he serves as bond counsel and disclosure counsel to hundreds of government entities throughout Illinois and as underwriter’s counsel to major investment banking firms. He is a member of the Illinois Association of Park Districts and the Illinois Government Finance Officers Association. He has been a panelist and speaker on public finance topics at numerous seminars and conferences conducted by Illinois municipal corporations, associations, and bond market participants. He has spoken extensively about the American Recovery and Reinvestment Act of 2009, tax caps, limited tax bonds, the State Officials and Employees Ethics Act (which includes gift ban provisions), and municipal disclosure to various client and educational groups. Mr. Kost received his B.A. from Monmouth College and his J.D. from Vanderbilt Law School.
Robert E. Lewis III joined PMA Securities, Inc., in February 2006. He is responsible for managing PMA’s public finance department, including the supervision of PMA’s due diligence and documentation, and analysis and review for PMA’s transactions. He is a frequent speaker at conferences for the Illinois Government Finance Officers Association, the Illinois Association of School Business Officials, and the Illinois Community College Finance Officers Association, in addition to other conferences. He is registered as a Municipal Securities Representative with Series 52, 53, and 63 securities licenses. Mr. Lewis received his B.S. summa cum laude in Political Science and his M.A. in Economics from Northern Illinois University.
Michael A. Marrs is a Partner at Klein, Thorpe and Jenkins, Ltd., in Chicago, where he focuses his practice on local government law. He has been named a Leading Lawyer by Law Bulletin Media from 2017 to the present. He is a former member of the Board of Directors of the Illinois Local Government Lawyers Association and a former Chair of its Municipal Prosecutors Group. He received his BS from Indiana University and his JD from the DePaul University College of Law, where he was an editor of the DePaul Law Review.
Gregory T. Smith is a Partner at Elrod Friedman LLP in Chicago, where he concentrates his practice in economic development, local government, and real estate. He is a member of the Illinois Municipal League’s Home Rule Attorneys Committee, the Illinois State Bar Association’s Local Government Law Section Council, and the Illinois Local Government Lawyers Association. Mr. Smith received his BS from DePaul University and his JD from the Chicago-Kent College of Law.
M. Neal Smith is a Partner at Bond Conway Smith Law Firm, Ltd., in Wheaton, where he concentrates his practice in tort, zoning, and commercial litigation. He has extensive experience in negotiating, drafting, and reviewing a wide variety of legal documents and contracts, including ordinances, resolutions, real estate purchase and sale agreements, and promissory notes, among others. Smith has been named an Illinois Leading Lawyer in election, political and campaign law; governmental, municipal, lobbying, and administrative law; and land use, zoning, and condemnation law. He received his J.D. cum laude from the Northern Illinois University College of Law and his B.A. from Hampden-Sydney College.
Anjali Vij is a Partner at Chapman and Cutler LLP in Chicago, where she concentrates in public finance. She is a member of the Illinois Association of School Business Officials and the Illinois Government Finance Officers Association. Ms. Vij received her BA from Northwestern University and her JD cum laude from University of Notre Dame Law School.
J. Allen Wall is a Partner at Klein, Thorpe and Jenkins, Ltd., in Chicago, where he practices in the areas of municipal law, school law, and general litigation. Mr. Wall received his bachelors degree from Williams College, graduate degrees from Duke University and Northwestern University, and law degree from the University of North Carolina – Chapel Hill Law School.
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