No School Board member shall (1) have a beneficial interest directly or indirectly in any contract, work, or business of the District unless permitted by state or federal law or (2) solicit or accept gratuities, favors or anything of monetary value from contractors, potential contractors or parties to agreements or contracts with the District. Situations in which the interest is not substantial or the gift is an unsolicited item of nominal value must comply with State law and Board policy 2:105, Ethics and Gift Ban
School Board members must annually file a Statement of Economic Interests as required by the Illinois Governmental Ethics Act. Each School Board member is responsible for filing the statement with the county clerk of the county in which the District's main office is located by May 1.
LEGAL REF.: 5 ILCS 420/4A-101, 420/4A-105, 420/4A-106, 420/4A-107, 420/4A-108-amended by P.A. 99-108; 50 ILCS 105/3. 105 ILCS 5/10-9
CROSS REF: 2:105, 4:60 (Purchases and Contracts) 5:120
ADOPTED: October 4, 1999
REVISED: December 18, 2000; April 28, 2003; May 24, 2004; September 24, 2009; September 30, 2010; February 27, 2014 (legal reference only); October 29, 2015 (legal reference only), May 30, 2017