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STATE OF ILLINOISGUIDELINES AND PROCEDURES FOR THE ALLOCATION OF PRIVATE ACTIVITY BONDING AUTHORITY IN ACCORDANCE WITH THE TAX REFORM ACT OF 1986 AND 30 ILLS 345OFFICE OF THE GOVERNOREffective January
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The calendar year state ceiling is the maximum amount allowed for spending in a given year by the state government.
All state government agencies and entities are required to file the calendar year state ceiling.
The calendar year state ceiling can be filled out online through the state government's official website.
The purpose of the calendar year state ceiling is to control and monitor state government spending.
The calendar year state ceiling must include details on planned expenditures for the upcoming year.
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