Illinois Code § 1B-3
Illinois Code § 1B-3. Reproduced from the official Illinois Compiled Statutes, with a citation summary, verification link, and related provisions.
§ 1B-3.
(from Ch. 122, par. 1B-3) Sec. 1B-3. Definitions. As used in this Article: (a) "Financial Oversight Panel" or "Panel" means the Financial Oversight Panel created under Section 1B-4; (b) "Board" means a local board of education; (c) "Budget" means the annual budget of the board required under Section 17-1 and is subject to the authority of the Panel as provided in this Article; (d) "Chairman" means the chairman of the Panel appointed pursuant to Section 1B-5 of this Article; (e) "District" means any school district of this State not subject to the provisions of Article 34; (f) "Financial plan" means the financial plan of the board required to be developed pursuant to this Article; (g) "Fiscal year" means the fiscal year of the board; (h) "School year" means the school year of the board; (i) "State Board" means the Illinois State Board of Education; (j) "State Superintendent" means the State Superintendent of Education. (Source: P.A. 88-618, eff. 9-9-94.)
Source: official Illinois text · Last verified 2026-08-27
At a glance
- Citation: Illinois Compiled Statutes § 1B-3
- Jurisdiction: Illinois
- Code: Illinois Compiled Statutes
- Text: transcribed from the official source (verify below)
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