Island Lake isn’t the only municipality that has used pension funds to pay its bills. The Illinois Supreme Court recently handed down a decision involving the village of Riverdale in the southern suburbs of Chicago, which, like Island Lake, used money levied for the police pension fund to pay its bills.

http://www.nwherald.com/2014/07/21/illinois-supreme-court-decision-deals-with-situation-similar-to-island-lake/aj5ookp/