Ill. Admin. Code tit. 23, § 1060.20 - Criteria for Approval
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.
Notes
Amended at 31 Ill. Reg. 12580, effective August 16, 2007
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