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Keywords:
Donated,
Foregoing,
Ailing,
Subdivision,
Nonnegotiable
Any funds appropriated by the Illinois General Assembly or by a political subdivision of the State of Illinois. No public funds shall be used to urge any elector to vote for or against any candidate or proposition, or be appropriated for political or campaign purposes to any candidate or political organization. Nothing in the Campaign Financing Act shall prohibit the use of public funds for the dissemination of factual information relative to any proposition appearing on an election ballot, or for dissemination of information and arguments published and distributed under law in connection with a proposition to amend the Constitution of the State of Illinois.
Public funds are monies the government places with the Deposit Insurance Corp. to stabilize the financial system and protect depositors. They are used to cover losses at failed financial institutions as well as finance injections of capital into ailing ones and buy their bad loans. In addition to government bonds donated by the government, the funds include government-guaranteed loans the corporation receives from the Bank of Japan and private financial institutions. Public funds totaled about 60 trillion yen initially, but an amendment to the deposit insurance law raised that amount to 70 trillion yen beginning in fiscal 2000.
All moneys deposited with the college regardless of source (e.g., state and federal funds, grants, contracts, donations).
Funds provided by any governmental entity including federal, state, county, city, or any other political subdivision of the state. 3.5.47
Public funds are the moneys of the state or of any county, school district, community college district, special district, metropolitan government, or municipality, including agencies, boards, bureaus, commissions, and institutions of any of the foregoing, or of any court, and includes the moneys of all county officers, including constitutional officers, that are placed on deposit in a bank, savings bank, or savings association and for which the bank, savings bank, or savings association is required to maintain reserves. This includes, but is not limited to, time deposit accounts, demand deposit accounts, and nonnegotiable certificates of deposit.
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