Ill. Admin. Code tit. 89, § 830.15 - Locally Held Funds
a) Pursuant to
20 ILCS
2405/13(i), Illinois School for the
Deaf (ISD), Illinois School for the Visually Impaired (ISVI), and Illinois
Center for Rehabilitation and Education - Roosevelt (ICRE-R) shall each
maintain accounts of Locally held funds for the purpose of providing benefits,
amusement, and special services to the students of each State School.
b) Locally held funds are non-appropriated
monies received by either ISD, ISVI, or ICRE-R from any source including
grants, bequests, and gifts.
c) All
Locally held funds shall be established and all activity regarding the funds
reported pursuant to Section
33.10 of the Comptroller's
Unified Statewide Accounting System (CUSAS).
Notes
Amended at 23 Ill. Reg. 10220, effective August 10, 1999
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