District Finances

Resident Friendly Financial Report 

District 90 has revised how it communicates financial data to the public. Using an easy-to-read format, the Resident Friendly Financial Report provides an analysis of key financial indicators and identifies significant fiscal trends. The report improves the clarity of information through the use color coordinated graphs, charts, and tables, along with definitions and notes that are designed to be easily understood. Please see the Resident Friendly Financial Report below.

Finance Publications 

Facility Publications

Budget Implementation Act Requirements

Public Act 95-707 requires that school districts post all collective bargaining agreements and vendor contracts awarded over $25,000. They are as follows for the current fiscal year:

​​​The Act also requires that school districts, in conjunction with the submission of the Annual Statement of Affairs, post a summary report of all vendor contracts over $25,000 awarded in the previous fiscal year:  2022-2023 Summary Report  

Administrator and Teacher Salary and Benefits Report

Public Act 96-0266 requires that school districts post the Administrator and Teacher Salary and Benefits Report on or before September 1 of each year: Report for FY 2023

IMRF - Salary Compensation Reporting

Public Act 97-0609 requires that within six days of approving the legal budget, school districts must post the IMRF - Salary Compensation Reporting, which lists the total compensation package for each employee exceeding $75,000:  Report for the Fiscal Year Ending 2024

Public Act 97-0609 also requires that at least six days before a school district approves an employee’s total compensation package that is equal to or in excess of $150,000 a year, it must post the total compensation package for that employee:  Total Compensation Report.

IMRF – Employer Cost and Participation Reporting

Public Act 101-0504 requires IMRF to post certain employer cost and participation information on its website.  IMRF updates these reports annually.  Furthermore, the Act requires employers who participate in IMRF to post a link on their website to the IMRF webpage that displays this information: https://www.imrf.org/en/about-imrf/transparency/employer-cost-and-participation-information

Stevens Amendment – Disclosure of Federal Participation

Projects or programs funded in whole or in part with Federal grant money must credit the Federal government for the Federal government's portion of the financial support.

This web page citation informs the public that the use of Federal dollars in River Forest Public Schools District 90 meets the Stevens Amendment requirement. Personnel costs, staff development opportunities, and resource purchases have been funded in whole or in part with federal entitlement dollars.

 

This site provides information using PDF, visit this link to download the Adobe Acrobat Reader DC software.

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