Illinois Code § 70 ILCS 2805/86

Excess of assessments over improvements
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and abatement. Except as otherwise provided in Section
9-2-117 of the Illinois Municipal Code, as now or hereafter amended, within
30 days after the final completion and acceptance of the work by the
committee as provided in Section 22a.47, the committee of local
improvements shall have the cost thereof, including the cost of engineering
services, certified in writing to the court in which the
assessment was confirmed, together with an amount estimated
by the committee to be required to pay the accruing interest
on bonds or vouchers issued to anticipate collection.
Thereupon, if the total amount assessed for the improvement
upon the public and private property exceeds the cost of the
improvement, all of that excess, except the amount required
to pay such interest as is provided for in this Act, shall
be abated and the judgment reduced by applying all of the
excess first to the abatement and reduction of the amount
assessed against the district for public benefit and the
remaining excess, if any, to the abatement and reduction of
the amount assessed against the private property to be
benefited by the improvement, which abatement of the
assessment against benefited property shall be credited pro
rata upon the respective assessments for the improvement
under the direction of the court. In case the assessment is
collectible in installments, this reduction shall be made by
reducing the amount of the last installment or installments.

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