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The Illinois State Board of Education disburses state and federal funds to local school districts and provides programs and services to support school district business and management functions.

The agency also coordinates state and federal capital improvement programs and oversees health/life safety compliance, staffs the Education Funding Advisory Board, and provides technical assistance for financial oversight panels.

Section 5-60 of the School Construction Law requires the Illinois State Board of Education and the Capital Development Board to file a comprehensive assessment report of the capital needs of all school districts to the General Assembly every two years.​​​​

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