Illinois Statutes

§ 19b-8 — Available funds

Illinois § 19b-8
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 19b - School Energy Conservation And Saving Measures

This text of Illinois § 19b-8 (Available funds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
105 Ill. Comp. Stat. 19b-8 (2026).

Text

A school district or area vocational center may use funds designated for operating or capital expenditures for any guaranteed energy savings contract including purchases using installment payment contracts or lease purchase agreements. A school district or area vocational center that enters into such a contract or agreement may covenant in such contract or agreement that payments made thereunder shall be payable from the first funds legally available in each fiscal year.

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Legislative History

(Source: P.A. 92-767, eff. 8-6-02.)

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Bluebook (online)
Illinois § 19b-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/19b-8.