{"data":{"id":"us-il/105-ilcs-5-1b-3","jurisdiction":"us-il","citation":"105 ILCS 5/1B-3","heading":"Definitions.","body":"As used in this Article:\n(a) \"Financial Oversight Panel\" or \"Panel\" means the Financial Oversight Panel created under Section 1B-4;\n(b) \"Board\" means a local board of education;\n(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;\n(d) \"Chairman\" means the chairman of the Panel appointed pursuant to Section 1B-5 of this Article;\n(e) \"District\" means any school district of this State not subject to the provisions of Article 34;\n(f) \"Financial plan\" means the financial plan of the board required to be developed pursuant to this Article;\n(g) \"Fiscal year\" means the fiscal year of the board;\n(h) \"School year\" means the school year of the board;\n(i) \"State Board\" means the Illinois State Board of Education;\n(j) \"State Superintendent\" means the State Superintendent of Education.","path":["CHAPTER 105 SCHOOLS","School Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1005\u0026ChapterID=17\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:25Z","sha256":"29e19018ef2e36e3a0794e6def9ad09865d286503b12cf72afb4bd41296f81f6","source_id":"us-il","stale":false,"prev":"us-il/105-ilcs-5-1b-2","next":"us-il/105-ilcs-5-1b-4"},"notice":"GroundRules: Original legal text. Not legal advice."}