Illinois Statutes

§ 1B-3 — Definitions

Illinois § 1B-3
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-3 (Definitions) 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-3 (2026).

Text

As used in this Article:

(a)"Financial Oversight Panel" or "Panel" means the Financial Oversight Panel created under Section 1B-4;
(b)"Board" means a local board of education;
(c)"Budget" means the annual budget of the board required under Section 17-1 and is subject to the authority of the Panel as provided in this Article;
(d)"Chairman" means the chairman of the Panel appointed pursuant to Section 1B-5 of this Article;
(e)"District" means any school district of this State not subject to the provisions of Article 34;
(f)"Financial plan" means the financial plan of the board required to be developed pursuant to this Article;
(g)"Fiscal year" means the fiscal year of the board;
(h)"School year" means the school year of the board;
(i)"State Board" means the Illinois State Board of E

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Legislative History

(Source: P.A. 88-618, eff. 9-9-94.)

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Bluebook (online)
Illinois § 1B-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1B-3.