Mar 1, 2022BoardMeeting
BoardIllinois State Board of Education Finance and Audit Committee Finance And Audit Committee Minutes
The committee held a closed session and conducted a semiannual review of closed session minutes. Key discussion topics included the review of multiple contracts and grants exceeding $1 million, involving intergovernmental agreements with entities such as the Illinois Student Assistance Commission, the University of Wisconsin-Madison, and Southern Illinois University Carbondale, as well as various sole source grants. The committee also received updates on the status of FY21 financial and single audits and engaged in a legislative update covering budget processes and pending legislation, including the Right to Read Act.