Illinois Statutes
§ 1B-10 — Approval of Financial Plan, Budget and Contracts
Illinois § 1B-10
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 1B - School District Financial Oversight Panel And Emergency Financial Assistance
This text of Illinois § 1B-10 (Approval of Financial Plan, Budget and Contracts) 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. 1B-10 (2026).
Text
In carrying out the purposes of this Article, the Panel shall have the power to approve or to reject the financial plans, budgets and contracts of the board; provided, however, that the Panel shall have no power to impair any existing contract or obligation of the board.
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Legislative History
(Source: P.A. 86-954.)
Nearby Sections
15
§ 1B-1
Short title§ 1B-11
Balanced Budget§ 1B-12
Financial Plans§ 1B-13
Budgets§ 1B-15
Expenditures§ 1B-17
Hearings§ 1B-19
Abolition of Panel§ 1B-2
Findings and purpose§ 1B-20
Sanctions§ 1B-21
(Repealed)Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 1B-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1B-10.