Illinois Code § 70 ILCS 820/7

The corporate authorities of a forest preserve district may take
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any action that may be necessary to inform the owners of unpaid bonds
regarding the financial condition of the forest preserve district, the
necessity of refunding its unpaid bonds and readjusting the maturities
thereof in order that sufficient taxes may be collected to take care of
these bonds, and thus re-establish the credit of the forest preserve
district. The corporate authorities may enter into any agreement required
to prepare and carry out any refunding plan and, without any previous
appropriation therefor under any budget law, may incur and pay expenditures
that may be necessary in order to accomplish the refunding of the bonds of
the forest preserve district.

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