State of Illinois
91st General Assembly
Legislation

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91_SB1495

 
                                               LRB9112802NTtm

 1        AN ACT to amend  the  School  Code  by  changing  Section
 2    2-3.27.

 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:

 5        Section 5.   The  School  Code  is  amended  by  changing
 6    Section 2-3.27 as follows:

 7        (105 ILCS 5/2-3.27) (from Ch. 122, par. 2-3.27)
 8        Sec.  2-3.27.  Budgets and accounting practices forms and
 9    procedures; rules. To formulate and approve forms,  procedure
10    and  regulations  for  school  district  accounts and budgets
11    required by this Act reflecting the gross  amount  of  income
12    and  expenses, receipts and disbursements and extending a net
13    surplus or deficit on operating items, to advise  and  assist
14    the  officers  of  any  district  in  respect  to budgets and
15    accounting practices and in the formulation and use  of  such
16    books, records and accounts or other forms as may be required
17    to  comply  with  the  provisions of this Act; to publish and
18    keep current pamphlets or manuals in looseleaf form  relating
19    to  budgetary  and accounting procedure or similar topics; to
20    make all rules and regulations as may be necessary  to  carry
21    into  effect the provisions of this Act relating to budgetary
22    procedure and  accounting,  such  rules  and  regulations  to
23    include  but  not  to  be  limited  to the establishment of a
24    decimal classification of accounts; to  confer  with  various
25    district,  county  and  State  officials  or  take such other
26    action as  may  be  reasonably  required  to  carry  out  the
27    provisions of this Act relating to budgets and accounting.
28    (Source: Laws 1961, p. 31.)

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