Illinois Statutes
§ 1B-15 — Expenditures
Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 1B - School District Financial Oversight Panel And Emergency Financial Assistance
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 1B-15 (Expenditures) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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(Repealed)