Sec. 17-1.3. Disclosure of cash balance.
62 words·~1 min read·
/il/chapter-105/act-5/17-1-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 17-1.3. Disclosure of cash balance. Notwithstanding any other provision of law, each school district shall disclose to the public, at the public hearing at which the district certifies its budget and levy for the taxable year, the cash reserve balance of all funds held by the district related to its operational levy and, if applicable, any obligations secured by those funds.