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91_HB3623
LRB9110923NTks
1 AN ACT in relation to education.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The School Code is amended by changing
5 Section 1B-11 as follows:
6 (105 ILCS 5/1B-11) (from Ch. 122, par. 1B-11)
7 Sec. 1B-11. Balanced Budget. The local board's budget
8 for each fiscal year shall be balanced in accordance with an
9 accounting system and procedure to be prescribed by the
10 Panel.
11 (Source: P.A. 86-954.)