(110 ILCS 805/7-14) (from Ch. 122, par. 107-14)
Sec. 7-14.
No contract may be made or expense or liability incurred
by the board, by any member or committee of the board, or by any person
for or in its behalf, notwithstanding the expenditure may have been
ordered by the board, unless an appropriation therefor has been
previously made. Neither the board, nor any member or committee,
officer, head of any department or bureau, or employee thereof may
during a fiscal year expend or contract to be expended any money, incur
any liability, or enter into any contract which by its terms involves
the expenditure of money for any of the purposes for which provision is
made in the annual budget, in excess of the amounts appropriated in the
annual budget. Any contract, verbal or written, made in violation of
this Section is void as to the board, and no moneys belonging to the
board may be paid on that contract. This Section does not prevent the
making of lawful contracts for the construction of buildings, the
purchase of insurance, or the leasing of realty, space and equipment,
the terms of which conform with the requirements of this Act, or the
making of lawful employment contracts and purchase orders the terms of
which exceed one year.
The board may, however, lease from any public building commission created
pursuant to the provisions of the "Public Building Commission Act", approved
July 5, 1955, as now or hereafter amended, any real or personal property
for the purpose of securing office or other space for its administrative
functions or for community college purposes for any period of time not exceeding
40 years, and such lease may be made and the obligation or expense thereunder
incurred without making a previous appropriation therefor, except as otherwise
provided in Section 7-1.1 of this Act.
(Source: P.A. 79-1456.)
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