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TITLE 23: EDUCATION AND CULTURAL RESOURCES
SUBTITLE A: EDUCATION CHAPTER I: STATE BOARD OF EDUCATION SUBCHAPTER c: FINANCE PART 110 PROGRAM ACCOUNTING MANUAL SECTION 110.100 BUDGETING
Section 110.100 Budgeting
a) School District Budget
1) A budget must be adopted even when no levy is made.
2) The school board, at a meeting held at some convenient time following a hearing, must vote on the budget as originally drafted or as revised after the hearing.
3) Adoption of the budget shall be by roll call vote, and the approved budget shall be incorporated in the minutes of the board of education.
b) Section 17-1 of the School Code requires that a joint agreement shall adopt an annual budget by September 1 of each fiscal year.
(Source: Amended at 18 Ill. Reg. 5178, effective March 22, 1994) |