Budgets and Financial Information
Contracts Exceeding $25,000
2018-2023 Teachers Contract (An agreement between the Board of Education of Smithton Community Consolidated School #130 and the Smithton Federation of Teachers, Local 6220, IFT, AFL/CIO)
100 Green Park Industrial Court
St. Louis, MO 63123
Date of Lease: March 17, 2021
Amount of Lease: $32,328
Purpose: Lease Copier and Equipment
Dell Financial Service
One Dell Way
Round Rock, TX 78682
Date of Lease: July 1, 2019; 3 years
Amount of Lease: $72,084
Purpose: Lease Computers
2222 E.McCord St.
Centralia, IL 62801
Date of contract: December 23, 2019
Amount of contract: $4,924,257
Purpose: Building Addition
475 Regency Park Dr.
O'Fallon, IL 62269
Date of contract: July 1, 2019
Amount of contract: $388,025
Purpose: Architect Fees
Illinois State law requires districts to report the salary and benefits of certain employees of the district.
Public Act 97-0256
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 and all administrators and teachers employed by the school district. For the purposes of this Section, "benefits" includes without limitation vacation days, sick days, bonuses, annuities, and retirement enhancements. Prior to this annual reporting to the State Board of Education, the information must be presented at a regular school board meeting, subject to applicable notice
requirements, and then posted on the Internet website of the school district, if any.
Public Act 97-0609
In 2011 Public Act 97-0609 became law, effective January 1, 2012. That Act amends the Illinois Open Meetings Act and the Illinois Pension Code and establishes new requirements for Illinois public bodies. Among the law’s requirements are the following: (1) All IMRF employers must post, within 6 days of the approval of a budget, the total compensation package for each employee having a total compensation package that exceeds $75,000.00 per year; and (2) Any IMRF employer that approves an employee's total compensation package equal to or in excess of $150,000 per year must post on its website, at least 6 days before the approval, the total compensation package for that employee. "Total compensation package" for purposes of the Act means "payment by the employer to the employee for salary, health insurance, a housing allowance, a vehicle allowance, a clothing allowance, bonuses, loans, vacation days granted, and sick days granted."