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09600HB2674ham001 |
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LRB096 03620 NHT 22242 a |
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| ultimate responsibility for implementing the policies, |
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| procedures, directives, and decisions of the school board and |
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| the Financial Oversight Panel. |
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| (b) The chief executive officer shall have the authority to |
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| determine the agenda and order of business at school board |
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| meetings, as needed in order to carry forward and implement the |
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| objectives and priorities of the school board and Financial |
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| Oversight Panel in the administration and management of the |
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| school district. |
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| (c) The chief executive officer shall have all of the |
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| powers and duties of a school district superintendent under |
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| this Code and such other duties as may be assigned by the |
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| school board and Financial Oversight Panel, in accordance with |
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| this Code. The district shall not thereafter employ a |
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| superintendent during the period that a chief executive officer |
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| is serving the district. |
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| (d) The Financial Oversight Panel shall have the final |
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| approval of the superintendent or chief executive officer |
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| position under this Section as well as the person, based upon |
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| his or her skills to fulfill the position. |
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| (105 ILCS 5/1B-7.10 new) |
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| Sec. 1B-7.10. Hiring of a chief fiscal officer. |
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| (a) In lieu of a Financial Oversight Panel Financial |
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| Administrator under Section 1B-7 of this Code, a school |
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| district under the authority of a Financial Oversight Panel, |
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09600HB2674ham001 |
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LRB096 03620 NHT 22242 a |
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| after consultation with the Financial Oversight Panel, may |
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| appoint a chief fiscal officer who, under the direction of the |
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| school board and Financial Oversight Panel, shall have the |
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| powers and duties of the district's chief school business |
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| official and any other duties regarding budgeting, accounting, |
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| and other financial matters that are assigned by the school |
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| board or Financial Oversight Panel in accordance with this |
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| Code. The district may not employ a chief school business |
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| official during the period that the chief fiscal officer is |
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| serving in the district. The chief fiscal officer may but is |
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| not required to hold a certificate with a chief school business |
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| official endorsement issued under Article 21 of this Code. |
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| (b) The Financial Oversight Panel shall have the final |
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| approval of the chief fiscal officer position under this |
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| Section as well as the person, based upon his or her skills to |
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| fulfill the position.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.".
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