Illinois Code § 105 ILCS 5/34-45

Budget appropriations.
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The budget shall specify:

 
 
1. the several organization units, purposes, and 
 
objects for which appropriations are made;

 
 
2. the amount appropriated for each organization 
 
unit, purpose or object; and

 
 
3. the fund from or to which each amount 
 
appropriated is to be paid or charged.

 
The budget shall include appropriations for:

 
 
1. all estimated current expenditures or charges to 
 
be made or incurred during such fiscal year, including interest to accrue on anticipation tax warrants and temporary loans;

 
 
2. all final judgments, including accrued interest 
 
thereon, entered against the board and unpaid at the beginning of such fiscal year;

 
 
3. any amount for which the board is required to 
 
reimburse the working cash fund from the educational purposes fund pursuant to Sections 34-30 through 34-36; and

 
 
4. all other estimated liabilities, including the 
 
principal of all tax anticipation warrants and all temporary loans and all accrued interest thereon, incurred during prior years and unpaid at the beginning of such fiscal year.

objects for which appropriations are made;
unit, purpose or object; and
appropriated is to be paid or charged.
be made or incurred during such fiscal year, including interest to accrue on anticipation tax warrants and temporary loans;
thereon, entered against the board and unpaid at the beginning of such fiscal year;
reimburse the working cash fund from the educational purposes fund pursuant to Sections 34-30 through 34-36; and
principal of all tax anticipation warrants and all temporary loans and all accrued interest thereon, incurred during prior years and unpaid at the beginning of such fiscal year.

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