Illinois Code § 65 ILCS 5/3.1-50-15

Compensation of members of corporate authorities.
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(a) The
ordinance fixing compensation for members of the corporate authorities
shall specify whether those members are to be compensated (i) at an annual
rate or (ii) for each meeting of the corporate authorities actually
attended if public notice of the meeting was given.

 
(b) Each member of the corporate authorities may receive reimbursement
from the municipality for
expenses incurred by the member in attending committee meetings of the
corporate authorities or for other expenses incurred by the member
in the course of performing official duties.

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