Expenditures

105 ILCS 5/1B-15, under School District Financial Oversight Panel And Emergency Financial Assistance.

105 ILCS 5/1B-15

(105 ILCS 5/1B-15) (from Ch. 122, par. 1B-15)

    Sec. 1B-15. Expenditures. The board shall meet its debt service obligations as they become due. No other expenditure shall be made by the board unless it is consistent with the financial plan and budget in effect.

(Source: P.A. 86-954.)