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. 12, March 22, 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.
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