Illinois Statutes
§ 34A-410 — Financial, management and budgetary structure
Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 34A - School Finance Authority
Upon direction of the Authority, the Board shall reorganize the financial accounts, management and Budgetary systems of the Board in whatever manner the Authority deems appropriate to achieve greater financial responsibility and to reduce financial inefficiency. Except as provided in Sections 34A-501 through 34A-512 of this Act, the Authority shall not have the power to affect the taxing authority or to consolidate or reduce the restricted debt service funds of the Board.
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Legislative History
(Source: P.A. 81-1221.)
Nearby Sections
15
§ 34A-101
Short title§ 34A-102
Findings and purpose§ 34A-103
Definitions§ 34A-104
Establishment of Authority§ 34A-201
General powers§ 34A-201.1
(Repealed)§ 34A-201a
(Repealed)§ 34A-202
Deposits and Investments§ 34A-301
Board of Directors§ 34A-302
Terms, vacancies and removal§ 34A-303
Chairman and other officers§ 34A-304
§ 34A-304§ 34A-305
Compensation§ 34A-306
Meetings and records