Sec. 1B-3. Definitions.
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/il/chapter-105/act-5/1b-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 1B-3. Definitions. 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.