FINANCIAL_SERVICESAPPROVED

Joliet Twp HSD 204 Awards Financial Services Contract to Exxon Mobil Corporation (July 2026)

Joliet Township High School District 204 and Exxon Mobil Corporation entered into a long-term real estate tax and assessment settlement that fixes annual assessed values and tax payments for the Exxon Mobil Joliet Refinery from tax years 2026 through 2031. The agreement confirms 2024–2025 tax bills as final, outlines specific annual tax amounts through 2031, and remains in force through December 31, 2032 with defined adjustment and appeal provisions.

Status
APPROVED
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Exxon Mobil Corporation
Agency
Joliet Twp HSD 204 · IL

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$6,889,821 in 2026pay2027; $7,027,617 in 2027pay2028; $7,238,446 in 2028pay2029; $7,491,792 in 2029pay2030; $7,754,005 in 2030pay2031; $8,141,705 in 2031pay2032
Contract type
FINANCIAL_SERVICES
Contract term
Tax years 2024 and 2025 (no change to billed amounts) and fixed-tax arrangement for tax years 2026 through 2031; agreement in force until December 31, 2032
Renewal date
2032-12-31
Renewal
Agreement is effective through December 31, 2032, with post-termination rights limited to levies and litigation related to tax years 2026pay2028 through 2031pay2032 and breach claims no later than December 31, 2034. After 2031pay2032, valuation and taxes revert to standard Illinois Property Tax Code processes, and the agreement is non-precedential for later challenges.
Document type
Agreement
Source document
Joliet Township High School District 204 Real Estate Tax and Assessment Settlement Agreement 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Joliet Twp HSD 204?

Exxon Mobil Corporation was awarded this financial services contract by Joliet Twp HSD 204, as recorded on July 1, 2026. The contract value is $6,889,821 in 2026pay2027; $7,027,617 in 2027pay2028; $7,238,446 in 2028pay2029; $7,491,792 in 2029pay2030; $7,754,005 in 2030pay2031; $8,141,705 in 2031pay2032.

How much is the Exxon Mobil Corporation contract with Joliet Twp HSD 204 worth?

The Exxon Mobil Corporation contract with Joliet Twp HSD 204 is valued at $6,889,821 in 2026pay2027; $7,027,617 in 2027pay2028; $7,238,446 in 2028pay2029; $7,491,792 in 2029pay2030; $7,754,005 in 2030pay2031; $8,141,705 in 2031pay2032, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Joliet Township High School District 204 Real Estate Tax and Assessment Settlement Agreement 2026-07-01 (Agreement), dated July 1, 2026 from Joliet Twp HSD 204. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Exxon Mobil Corporation hold?

Exxon Mobil Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Exxon Mobil Corporation's profile

What is Joliet Twp HSD 204 currently buying?

Explore Joliet Twp HSD 204's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Joliet Twp HSD 204's profile

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