Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2022 | Updated by FindLaw Staff
§ 34-45. Budget appropriations. The budget shall specify:
1. the several organization units, purposes, and objects for which appropriations are made;
2. the amount appropriated for each organization unit, purpose or object; and
3. the fund from or to which each amount appropriated is to be paid or charged.
The budget shall include appropriations for:
1. all estimated current expenditures or charges to be made or incurred during such fiscal year, including interest to accrue on anticipation tax warrants and temporary loans;
2. all final judgments, including accrued interest thereon, entered against the board and unpaid at the beginning of such fiscal year;
3. any amount for which the board is required to reimburse the working cash fund from the educational purposes fund pursuant to Sections 34-30 through 34-36; and
4. all other estimated liabilities, including the principal of all tax anticipation warrants and all temporary loans and all accrued interest thereon, incurred during prior years and unpaid at the beginning of such fiscal year.
Cite this article: FindLaw.com - Illinois Statutes Chapter 105. Schools § 5/34-45. Budget appropriations - last updated January 01, 2022 | https://codes.findlaw.com/il/chapter-105-schools/il-st-sect-105-5-34-45/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)