Illinois Statutes
§ 1B-15 — Expenditures
Illinois § 1B-15
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-15 (Expenditures) 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-15 (2026).
Text
The board shall meet its debt service obligations as they become due. No other expenditure shall be made by the board unless it is consistent with the financial plan and budget in effect.
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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(Repealed)Cite This Page — Counsel Stack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-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1B-15.