Section 110.90  State Reporting Requirements

All school districts, cooperatives/joint agreements, educational service centers and vocational education regional delivery systems are required to use the program accounting system pursuant to Sections 17-1 and 34-43.1 of the School Code (Ill. Rev. Stat. 1991, ch. 122, pars. 17-1 and 34-43.1) [105 ILCS 5/17-1 and 34-43.1]. Budget forms and annual financial report forms provided by the State Board of Education are both to be completed annually by all school districts, cooperatives/joint agreements, educational service centers, and vocational education regional systems. These forms are in the required program accounting format, using information in Tables A through D. These forms reflect the minimum state reporting requirements (for expenditures:  one digit for fund, four digits for function and one digit for object). The forms are set up in such a manner as to indicate where transactions occur.

(Source:  Amended at 18 Ill. Reg. 5178, effective March 22, 1994)