Illinois Statutes
§ 1B-11 — Balanced Budget
Illinois § 1B-11
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-11 (Balanced Budget) 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-11 (2026).
Text
The local board's budget for each fiscal year shall be balanced in accordance with an accounting system and procedure to be prescribed by the Panel.
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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
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Bluebook (online)
Illinois § 1B-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1B-11.