Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 1060 - APPROPRIATION TRANSFERS
Section 1060.20 - Criteria for Approval
Universal Citation: 23 IL Admin Code ยง 1060.20
Current through Register Vol. 48, No. 38, September 20, 2024
The following criteria will form the basis for Board approval of transfers among line item appropriations:
a) Sufficient funds must be available to cover the amount of the transfer.
b) Transfer requests must have governing board approval.
c) A rationale for the transfer must be provided. Transfers will be approved if the requirements of the State Finance Act [30 ILCS 105/13.2] are met.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
