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District Budget and Finances

Public Budget Presentation and Adoption

The Illinois School Code mandates that each school district prepare a tentative budget, make the tentative budget available for public inspection for a minimum of 30 days, and hold a public hearing and formally adopt the budget prior to the end of the first quarter (September 30) of each fiscal year. The fiscal year 2020 tentative budget was presented on August 21st, 2019, and was on display in the Superintendent's Office at Lincoln School as well as located on the district web page.  The budget hearing was held September 25th, 2019 at 5:30 p.m. with the regular board meeting immediately following.  The budget was approved at the regular board meeting on September 25th, 2019.

2020 Final Budget

 


 

Salary, Compensation and Benefit Report
In accordance with certain requirements of 105 ILCS 5/10-20.46 and 105 ILCS 5/34-18.37, a school district must list on its website a salary, compensation and benefit report for administrators by October 1, 2009, and each subsequent year thereafter. Salary and benefit information for district administrators are as follows for fiscal year 2019 (FY19).

Salary, Compensation and Benefit Report (FY19)

 


 

Collectively Bargaining Agreements
In accordance with certain requirements of 105 ILCS 5/10-20.46, a school district must list on its website any contract the Board of Education enters into with an exclusive bargaining representative. The collective bargaining agreements for Oglesby Public School District 125 are as follows:

 

Oglesby Elementary Teachers Contract (IFT/AFT - Local 604)

Oglesby Elementary Teacher Aides, Media Support Staff and Parent Educators Contract (IFT/AFT-Local 604)

Building Service Employees Union - Local 138

 


 

Required Listing of Contracts Exceeding $25,000
In accordance with the requirements of 105 ILCS 5/10-20.40, a school district must list on its website all contracts over $25,000 and any contract that the Board of Education enters into with an exclusive bargaining representative. 

Contracts that exceed $25,000

 


 

Audit and Financial Reports
Provided below is a link of the district's most recent audit and annual financial report.  The report is for the 2019 fiscal year from July 1, 2018 through June 30, 2019. 

Fiscal Year 2019 Audit & Annual Financial Report

 

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Oglesby School District 125755 Bennett Ave.Oglesby, IL  61348

p. 815.883.9297f. 815.883.3568

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