Naperville CUSD 203 Agenda Board of Education Meeting 2026-06-01
Treasurer's Surety Bond Approved for FY26-27
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Description
Naperville CUSD 203 Board approved a $33.5 million Treasurer's Surety Bond with a $28,475 premium for FY2026-2027 to be executed with the Surety Company and filed with the ROE. The bond ensures compliance with state requirements for school district finances.
Contract Details
Contract Amount
$33,500,000 (bond amount); premium $28,475
Vendor
SURETY COMPANY
Agency
Naperville CUSD 203, IL
Contract Type
INSURANCE
Document Date
June 1, 2026
Contract Term
Fiscal Year 2026-2027
Renewal Date
2027-06-30
Renewal Info
Bond is renewed annually per statutory requirements. No multi-year option noted.
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