Twp HSD 113 Agenda Regular Board Meeting 2026-06-23
Treasurer's Bond Approved with CLIC for FY 2026-2027
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Description
District 113 approved the treasurer's bond for FY 2026-2027 in the amount of $19,520,000 through CLIC, ensuring compliance with state bonding regulations.
Contract Details
Contract Amount
$19,520,000
Vendor
COLLECTIVE LIABILITY INSURANCE COOPERATIVE (CLIC)
Agency
Twp HSD 113, IL
Contract Type
INSURANCE
Document Date
June 19, 2026
Contract Term
2026–2027 fiscal year
Renewal Date
2027-06-30
Renewal Info
Bond amount is set annually per Illinois School Code requirements; subject to periodic adjustment as district assets change.
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