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Finance and Audit Committee

Section 1-10

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The Finance and Audit Committee shall consist of all members of the Board of Education. The Board President shall designate a Committee Chairman. The Finance and Audit Committee is authorized to:

  • review the status of the Board’s budget and expenditures, review the expenses of the Office of the Board,
  • receive reports from the Chief Executive Officer or the Chief Financial Officer regarding issues related to the Board’s financial condition, review the Board’s procurement and expense reimbursement policies and related matters;
  • conduct public hearings to gather input from the public on the district’s financial condition; and
  • perform other responsibilities as are designated by the Board or the Board President.

Rule References

Final Board Rule 1-10 was adopted on a Final basis at the February 26, 2020 Board Meeting [Board Report 20-0226-RU1].
Public Comment Pursuant to Board Rule 2-6 this Rule [1-10] was subject to Public Comment from 12/16/19 -1/15/20 and amended/adopted on an interim basis at the December 11, 2019 Board Meeting [Board Report 19-1211-RU1].

Chicago Board of Education

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Chicago, Illinois 60602