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| 1 | AN ACT concerning education.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The School Code is amended by adding Sections | ||||||
| 5 | 1B-7.5 and 1B-7.10 as follows: | ||||||
| 6 | (105 ILCS 5/1B-7.5 new) | ||||||
| 7 | Sec. 1B-7.5. Hiring of a district superintendent or chief | ||||||
| 8 | executive officer. | ||||||
| 9 | (a) Upon expiration of the contract of the school | ||||||
| 10 | district's superintendent who is serving at the time the | ||||||
| 11 | Financial Oversight Panel is established, a school district | ||||||
| 12 | under the authority of a Financial Oversight Panel, after | ||||||
| 13 | consultation with the Financial Oversight Panel, shall have the | ||||||
| 14 | authority to appoint a district superintendent with a type 75 | ||||||
| 15 | certificate or a chief executive officer who has the skills of | ||||||
| 16 | school operations and school finance and who shall have the | ||||||
| 17 | ultimate responsibility for implementing the policies, | ||||||
| 18 | procedures, directives, and decisions of the school board and | ||||||
| 19 | the Financial Oversight Panel. | ||||||
| 20 | (b) The chief executive officer shall have the authority to | ||||||
| 21 | determine the agenda and order of business at school board | ||||||
| 22 | meetings, as needed in order to carry forward and implement the | ||||||
| 23 | objectives and priorities of the school board and Financial | ||||||
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| 1 | Oversight Panel in the administration and management of the | ||||||
| 2 | school district. | ||||||
| 3 | (c) The chief executive officer shall have all of the | ||||||
| 4 | powers and duties of a school district superintendent under | ||||||
| 5 | this Code and such other duties as may be assigned by the | ||||||
| 6 | school board and Financial Oversight Panel, in accordance with | ||||||
| 7 | this Code. The district shall not thereafter employ a | ||||||
| 8 | superintendent during the period that a chief executive officer | ||||||
| 9 | is serving the district. | ||||||
| 10 | (d) The Financial Oversight Panel shall have the final | ||||||
| 11 | approval of the superintendent or chief executive officer | ||||||
| 12 | position under this Section as well as the person, based upon | ||||||
| 13 | his or her skills to fulfill the position. | ||||||
| 14 | (105 ILCS 5/1B-7.10 new) | ||||||
| 15 | Sec. 1B-7.10. Hiring of a chief fiscal officer. | ||||||
| 16 | (a) In lieu of a Financial Oversight Panel Financial | ||||||
| 17 | Administrator under Section 1B-7 of this Code, a school | ||||||
| 18 | district under the authority of a Financial Oversight Panel, | ||||||
| 19 | after consultation with the Financial Oversight Panel, may | ||||||
| 20 | appoint a chief fiscal officer who, under the direction of the | ||||||
| 21 | school board and Financial Oversight Panel, shall have the | ||||||
| 22 | powers and duties of the district's chief school business | ||||||
| 23 | official and any other duties regarding budgeting, accounting, | ||||||
| 24 | and other financial matters that are assigned by the school | ||||||
| 25 | board or Financial Oversight Panel in accordance with this | ||||||
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| 1 | Code. The district may not employ a chief school business | ||||||
| 2 | official during the period that the chief fiscal officer is | ||||||
| 3 | serving in the district. The chief fiscal officer may but is | ||||||
| 4 | not required to hold a certificate with a chief school business | ||||||
| 5 | official endorsement issued under Article 21 of this Code. | ||||||
| 6 | (b) The Financial Oversight Panel shall have the final | ||||||
| 7 | approval of the chief fiscal officer position under this | ||||||
| 8 | Section as well as the person, based upon his or her skills to | ||||||
| 9 | fulfill the position.
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| 10 | Section 99. Effective date. This Act takes effect upon | ||||||
| 11 | becoming law.
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