Business Services

  • We take our responsibility seriously to be strong fiscal stewards of public tax dollars and maintain high quality, community schools. District 65 has earned the highest financial rating from the Illinois State Board of Education and has a strong bond rating of Aa2. 

    The Business Department is responsible for overseeing the financial and business operations. Areas of oversight include financial planning, budgeting, purchasing, fiscal accounting, fees, financial reporting, grants, insurance, payroll, transportation, food services, and accounts payable and receivable. The department also oversees construction projects and district facilities.


      Financial Reports

      Contracts Over $25K

      Compensation Reports

      • Compensation Reports

        Certified (Administrator/Teacher) Compensation Report

        Sections 10-20.47 and 34-18.38 of the School Code [105 ILCS 5/10-20.47 and 5/34-18.38 require school districts to report administrator and teacher salary and benefits to the Illinois State Board of Education. Illinois School Code states that each school board shall report to the State Board of Education, on or before October 1 of each year, the base salary and benefits of the district superintendent [or the general superintendent of schools or chief executive officer] and all administrators and teachers employed by the school district. For purposes of this Section, “benefits” includes without limitation vacation days, sick days, bonuses, annuities, and retirement enhancements.

        View the current Certified (Administrator/Teacher) Compensation Report

        IMRF Compensation Report

        Pursuant to a revision to the Illinois Open Meetings Act (Public Act 97-0609), which took effect January 1, 2012, every school district in Illinois must create an itemized salary compensation report for all IMRF employee earning over $75,000.

        1. Within six days of approving its budget, an IMRF employer must post the total compensation package for each employee receiving a total compensation package that exceeds $75,000 a year.
        2. At least six days before an IMRF employer approves an employee’s total compensation package that will equal or exceed $150,000 a year, the employer must post the total compensation package for that employee.

        For this statute, “total compensation package” is defined as salary, employer-paid health insurance premiums, housing allowance, vehicle allowance, clothing allowance, bonuses, loans, vacation days which will be earned in that year and sick days which will be earned in that year.

        View the current IMRF Compensation Report