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2005 Illinois Code - Chapter 105 Schools 105 ILCS 205/      School District Educational Effectiveness and Fiscal Efficiency Act.

    (105 ILCS 205/0.1) (from Ch. 122, par. 870.1)
    Sec. 0.1. Title.
    This Act shall be known as the "School District Educational Effectiveness and Fiscal Efficiency Act."
(Source: P. A. 77‑2191.)

    (105 ILCS 205/1) (from Ch. 122, par. 871)
    Sec. 1. Purpose.
    The General Assembly, with a view toward securing the maximum effective use of limited tax revenues available for education and the need for continued improvement of the financial planning, management and control systems of school districts, and recognizing that successful techniques of budgeting and accounting should be made available to school districts, hereby provides encouragement and assistance to school districts to permit continuous development and improvement of the educational effectiveness and fiscal efficiency of present financial planning, management and control systems.
(Source: P. A. 77‑2191.)

    (105 ILCS 205/2) (from Ch. 122, par. 872)
    Sec. 2. Development of systems.
    Each school district which successfully applies for a grant shall develop a system of financial planning, management and control. Such a system shall include the establishment, with maximum community, school board, staff and administration participation, of measurable goals and objectives for education within the district. To assist in the achievement of these goals and objectives, the system shall also provide for and facilitate the planning and coordination of district financial policy; effective budget preparation and control; the design and implementation of improved accounting and financial reporting systems; and the continued analysis of programs and procedures.
    No more than one school year after receipt of a grant the school district shall begin implementation of an educational effectiveness and fiscal efficiency system. At that time and annually for two years thereafter an evaluation of the system shall be conducted and an annual report shall be made to the citizens of the district and to the Superintendent of Public Instruction. Such reports shall include, but need not be limited to, the progress made in establishing the educational effectiveness and fiscal efficiency system, an analysis of the results indicated by operation of the system and a description of activity planned to correct the problems revealed by the system. Each annual report shall also include a review of the goals and objectives for the past year and any new goals and objectives adopted for subsequent years.
    Where a school district receives a grant and operates one or more of its educational programs in cooperation with other school districts, they shall jointly develop and implement systems for determining the educational effectiveness and fiscal efficiency of that program or programs in accordance with the foregoing provisions.
(Source: P. A. 77‑2191.)

    (105 ILCS 205/3)(from Ch. 122, par. 873)
    Sec. 3. Awarding of grants. Applications for grants shall be made annually to the Office of the Superintendent of Public Instruction on forms provided by that office. The Superintendent and the Director of the Governor's Office of Management and Budget shall select applicants to receive grants and shall, insofar as possible, distribute grants to elementary, secondary and unit districts of diverse size and representative of every region of the State. Preference will be given to districts that have committed or are planning to commit additional local funds toward the development of such a system.
    In determining the amount of each grant, the Superintendent of Public Instruction and the Director of the Governor's Office of Management and Budget shall give consideration to the size of the district and the extent to which the district has previously instituted procedures similar to those described in this Act.
(Source: P.A. 94‑793, eff. 5‑19‑06.)

    (105 ILCS 205/4) (from Ch. 122, par. 874)
    Sec. 4. Reports. The Superintendent of Public Instruction shall, in cooperation with school districts participating under this Act, report annually to the General Assembly, the School Problems Commission and the Governor on the progress made in implementing this Act.
    The requirement for reporting to the General Assembly shall be satisfied by filing copies of the report with the Speaker, the Minority Leader and the Clerk of the House of Representatives and the President, the Minority Leader and the Secretary of the Senate and the Legislative Research Unit, as required by Section 3.1 of "An Act to revise the law in relation to the General Assembly", approved February 25, 1874, as amended, and filing such additional copies with the State Government Report Distribution Center for the General Assembly as is required under paragraph (t) of Section 7 of the State Library Act.
(Source: P.A. 84‑1438.)

    (105 ILCS 205/5)(from Ch. 122, par. 875)
    Sec. 5. Rules and regulations. The Superintendent of Public Instruction in consultation with the Director of the Governor's Office of Management and Budget shall adopt such rules and regulations necessary to implement this Act.
(Source: P.A. 94‑793, eff. 5‑19‑06.)

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