Contracts Over $25,000
Below is an excerpt from the Guidance Reporting Requirements on Contracts Exceeding $25,000:
The School Code was amended in January of 2008 to add requirements concerning reports on contracts exceeding $25,000, beginning with FY 08, in conjunction with submission of the Annual Statement of Affairs (105 ILCS 5/10-17).
The new provisions, effective for FY 08, include the following requirements:
A school board must list on the district’s Internet website, if any, all contracts over $25,000 and any contract that the school board enters into with an exclusive bargaining representative.
Compliance with this requirement can be achieved if all contracts exceeding $25,000, including personal service contracts and agreements with an exclusive bargaining representative, are posted in a list on the district website. Subsequent to the initial posting, as such contracts exceeding $25,000 are awarded by the school board, they should be added to the list.
Contracts to be excluded from the report submitted to ISBE would include: (1) collective bargaining agreements with district employee groups; and (2) personal services contracts with individual district employees.
Below are links to reports, listed by academic year, showing all vendors (and corresponding amounts) who were paid amounts in excess of $25,000.