Illinois Compiled Statutes 105 ILCS 5/1B-3 – Definitions
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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.
(a) “Financial Oversight Panel” or “Panel” means the Financial Oversight Panel created under Section 1B-4;
Terms Used In Illinois Compiled Statutes 105 ILCS 5/1B-3
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Oversight: Committee review of the activities of a Federal agency or program.
- 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. See Illinois Compiled Statutes 105 ILCS 5/1B-3 - State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(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.