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| Public Act 099-0691 | ||||
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AN ACT concerning finance.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Public Community College Act is amended by | ||||
changing Section 2-15 as follows:
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(110 ILCS 805/2-15) (from Ch. 122, par. 102-15)
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Sec. 2-15. Recognition. The State Board shall grant | ||||
recognition to
community colleges which
maintain equipment, | ||||
courses of study, standards of scholarship and other
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requirements set by the State Board. Application for | ||||
recognition shall be
made to the State Board. The State Board | ||||
shall set the criteria by which
the community colleges shall be | ||||
judged and through the executive officer of
the State Board | ||||
shall arrange for an official evaluation of the community
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colleges and shall grant recognition of such community colleges | ||||
as may meet
the required standards.
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Recognition shall include a review of compliance with | ||||
Public Act 99-482 and other applicable State and federal laws | ||||
regarding employment contracts and compensation. Annually, the | ||||
State Board shall convene an advisory committee to review the | ||||
findings and make recommendations for changes or additions to | ||||
the laws or the review procedures. | ||||
If a community college district fails to meet the | ||||
recognition standards
set by the State Board, and if the | ||
district, in accordance with: (a) Government
Auditing | ||
Standards issued by the
Comptroller General of the United | ||
States, (b) auditing standards established by
the American | ||
Institute of Certified Public Accountants, or (c) other | ||
applicable
State and federal standards, is found by the | ||
district's auditor or the State
Board working in cooperation | ||
with the district's auditor to have material
deficiencies in | ||
the
design or operation of financial control structures that
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could adversely affect the district's financial integrity and | ||
stability, or is
found to have misused State or federal funds | ||
and jeopardized
its participation in State or federal programs, | ||
the State Board may,
notwithstanding any laws to the contrary, | ||
implement one or more of the
following emergency powers:
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(1) To direct the district to develop and implement a plan | ||
that addresses
the budgetary, programmatic, and other relevant | ||
factors contributing to the
need to implement emergency | ||
measures. The State Board shall assist in the
development and | ||
shall have final approval of the plan.
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(2) To direct the district to contract for educational | ||
services in
accordance with Section 3-40. The State Board shall | ||
assist in the development
and shall have final approval of any | ||
such contractual agreements.
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(3) To approve and require revisions of the district's | ||
budget.
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(4) To appoint a Financial Administrator to exercise | ||
oversight and control
over the district's budget. The Financial | ||
Administrator shall serve at the
pleasure of the State Board | ||
and may be an individual, partnership, corporation,
including | ||
an accounting firm, or other entity determined by the State | ||
Board to
be qualified to serve, and shall be entitled to | ||
compensation. Such
compensation shall be provided through | ||
specific appropriations made to the
State Board for that | ||
express purpose.
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(5) To develop and implement a plan providing for the | ||
dissolution or
reorganization of the district if in the | ||
judgment judgement of the State Board the
circumstances so | ||
require.
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(Source: P.A. 89-147, eff. 7-14-95.)
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