4:46 - State Funds

Policy 4:46

Business and Non-Instructional Operations

State and Federal Funds

Common school funds are distributed according to a formula established by the legislature of the State of Illinois. The Superintendent shall submit accurate reports, so that proper apportionment of funds may be made to the School District.

Each year, when it is believed that the School District is eligible for federal or state assistance under the provisions of Public Law, the Superintendent shall submit application for said assistance. To the extent required by law, regulation, or application instructions, the Superintendent will present applications for federal and state assistance for Board approval before submission.

The Superintendent may recommend to the Board of Education application for further financial assistance under state or federal programs, if the use of such funds is not contrary to the educational goals and policies of the School District.

Adopted: September 8, 1997
Revised: September 26, 2011

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