(105 ILCS 5/10-17) (from Ch. 122, par. 10-17)
    Sec. 10-17. Statement of affairs.
    (a) In Class I or Class II county school units the school board may use either a cash basis or accrual system of accounting; however, any board so electing to use the accrual system may not change to a cash basis without the permission of the State Board of Education.
    School Boards using either a cash basis or accrual system of accounting shall maintain records showing the assets, liabilities and fund balances in such minimum forms as may be prescribed by the State Board of Education. No later than December 1 annually, such a school board shall make available to the public a statement of the affairs of the school district by posting the statement of affairs on the district's Internet website and in a newspaper of general circulation.
    The public statement of affairs of the district shall contain a minimum of all of the following information, in addition to the other requirements of this Section:
        (1) (Blank).
        (2) Except as provided in subdivision (3) of this
    
subsection (a), a listing of all moneys paid out by the district where the total amount paid during the fiscal year exceeds $2,500 in the aggregate per person, giving the name of each person to whom moneys were paid and the total paid to each person.
        (3) A listing of all personnel, by name, with an
    
annual fiscal year gross payment in the categories set forth in subdivisions 1 and 2 of subsection (c) of this Section.
In this Section, "newspaper of general circulation" means a newspaper of general circulation published in the school district, or, if no newspaper is published in the school district, a newspaper published in the county where the school district is located or, if no newspaper is published in the county, a newspaper published in the educational service region where the regional superintendent of schools has supervision and control of the school district.
    (b) When any school district is the administrative district for several school districts operating under a joint agreement as authorized by this Code, no receipts or disbursements accruing, received or paid out by that school district as such an administrative district shall be included in the statement of affairs of the district required by this Section. However, that district shall have prepared and made available to the public, in accordance with subsection (a) of this Section, in the same manner and subject to the same requirements as are provided in this Section for the statement of affairs of that district, a statement of affairs for the joint agreement, in the form prescribed by the State Board of Education. The costs of publishing this separate statement prepared by such an administrative district shall be apportioned among and paid by the participating districts in the same manner as other costs and expenses accruing to those districts jointly.
    (c) The statement of affairs required pursuant to this Section shall contain such information as may be required by the State Board of Education, including:
        1. (Blank).
        2. Annual fiscal year payment for non-certificated
    
personnel to be shown by name, listing each employee in one of the following categories:
            (a) Under $39,999
            (b) $40,000 to $54,999
            (c) $55,000 to $74,999
            (d) $75,000 and over
        3. Excluding wages and salaries, all other moneys in
    
the aggregate paid to recipients of $1,000 or more, giving the name of the person, firm or corporation and the total amount received by each. This listing shall be inclusive of moneys expended from any revolving fund maintained by the school district.
        4. Approximate size of school district in square
    
miles.
        5. Number of school attendance centers.
        6. Numbers of employees as follows:
            (a) Full-time certificated employees;
            (b) Part-time certificated employees;
            (c) Full-time non-certificated employees;
            (d) Part-time non-certificated employees.
        7. (Blank).
        8. (Blank).
        9. Tax rate for each district fund.
        10. (Blank).
        11. (Blank).
        12. (Blank).
        13. (Blank).
        14. (Blank).
        15. (Blank).
        16. A report on contracts, as required in Section
    
10-20.44.
    This Section does not apply to cities having a population exceeding 500,000.
(Source: P.A. 104-261, eff. 1-1-26.)