Synopsis As Introduced Amends the School Code. Requires that the forms, procedure, and regulations for school district accounts and budgets be on a per month basis and that the budget and accounting system be on a per month basis. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.
State Mandates Fiscal Note (Illinois State Board of Education)
The text of the bill includes an exemption from the State Mandates Act. While the costs would increase somewhat, there are no data available to provide a reliable estimate of the increase in costs.