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 or a provisional budget provided for in Section 34A-404(c)(2), in each case as in effect.
105 ILCS 5/34A-406
Expenditures
Known as the School Finance Authority Act
The act spans §§ 105-5-34a-101 to 105-5-34a-608 (56 sections).
P.A. 88-511.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.