Illinois Statutes
§ 19b-8 — Available funds
Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 19b - School Energy Conservation And Saving Measures
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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Illinois § 19b-8 (Available funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 92-767, eff. 8-6-02.)
Nearby Sections
15
§ 19b-1
Definitions§ 19b-1.05
Area vocational center§ 19b-1.1
Energy conservation measure§ 19b-1.2
Guaranteed energy savings contract§ 19b-1.3
Qualified provider§ 19b-1.4
Request for proposals§ 19b-10
(Repealed)§ 19b-15
Applicable laws§ 19b-2
Evaluation of proposal§ 19b-20
Historic preservation§ 19b-4
Guarantee