Moline-Coal Valley School District No. 40

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Required State & Federal Reports

Administrators’ Salary Compensation Report (105 ILCS 5/34-18.37)

This Act requires every school district to create a current itemized salary compensation report for every employee holding an administrative certificate and working in that capacity, including the district superintendent. The report must include, without limitation, base salary, bonuses, pension contributions, retirement increases, the cost of health insurance, the cost of life insurance, paid sick and vacation day payouts, annuities, and any other form of compensation or income paid on behalf of each administrator. This report must be posted on the school district’s website by October 1st annually and be presented at the Board of Education meeting.
 

Administrator and Teachers Salary & Benefits Report (105 ILCS 5/10-20.46)

This legislation requires every school district to create a report for the base salary and benefits of all district administrators, including superintendents and certified teachers to the Illinois State Board of Education by July 1st of each year. For this report, "benefits" includes without limitation vacation days, sick days, bonuses, annuities, and retirement enhancements.
 

Non-Certified Salary & Benefits Report (Public Act 97-0609)

This legislation requires every school district to create a report for the base salary and benefits of all Illinois Municipal Retirement Fund (IMRF) employees receiving a total compensation package that exceeds $75,000 annually. If the school district maintains a website, the district must post this information on the website within 6 days of approving an annual budget. For this report, "benefits" includes without limitation vacation days, sick days, bonuses, annuities, and retirement enhancements.
 

Annual Statement of Affairs (105 ILCS 5/10-17)

The Annual Statement of Affairs is a financial report that all school districts are required to complete and publish in the local newspaper no later than December 1 annually. School districts must also submit the full electronic report to the Illinois State Board of Education before December 15th.

The Annual Statement of Affairs contains a financial summary of a school district’s funds, tax rates, equalized assessed valuation, and enrollment. A summary of information regarding employee salaries and payments to vendors over $2,500 is also required.
 
Annual Statement of Affairs Fiscal Year 2015

In conjunction with the submission of the Annual Statement of Affairs to the State Board of Education prior to December 1, each district shall submit all contracts over $25,000 awarded by the school district during the previous fiscal year. The report shall include at least the following: (1) the total number of all contracts awarded by the district; (2) the total value of the contracts awarded; (3) the number of contracts awarded to minority owned businesses, female owned businesses, and businesses owned by persons with disabilities, as defined in the Business Enterprise for Minorities, Females and Persons with Disability Act, and locally owned businesses; and (4) the total value of contracts awarded to minority owned businesses, female owned businesses, and businesses owned by persons with disabilities, as defined in the Business Enterprise for Minorities, Females and Persons with Disability Act, and locally owned businesses.

Awarded Contracts over $25,000 Fiscal Year 2015

Collective Bargaining Agreements (105 ILCS 5/34-18.37 or 10-20.40)

Each school district must post on the district’s website any contract that the school board enters into with an exclusive bargaining representation. Click here to view Agreements 

Stevens Amendment (U.S. Department of Education Appropriations Act, Section 511)

Moline-Coal Valley School District No. 40, when necessary, will comply with the Steven's Amendment (U.S. Department of Education Appropriations Act, Section 511) by ensuring that press releases, bid solicitations and other documents funded in whole or part with Federal money will clearly state the percentage and dollar amount of programs/activities financed with federal funds (the percentage of the total program cost, the dollar amount for the program, and the percent and dollar amount of the total cost financed by non-governmental sources).