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.
Board members must annually file a "Statement of Economic Interests" as required by the Illinois Governmental Ethics Act. Each Board of Education 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.

Federal and State Grant Awards 
No Board member shall participate in the selection, award, or administration of a contract supported by a federal award or State award governed by the Grant Accountability and Transparency Act (GATA) (30 ILCS 708/) if he or she has a real or apparent conflict of interest. A conflict of interest arises when a Board member or any of the following individuals has a financial or other interest in or a tangible benefit from the contract:

1.   A member of the Board member’s immediate family;
2.  The Board member’s partner; or
3.  An entity that employs or is about to employ the Board member or one of the individuals listed in one or two above.

LEGAL REF.:  105 ILCS 5/10-9 
5 ILCS 420/ Ill. Governmental Ethics Act.
30 ILCS 708/, Grant Accountability and Transparency Act
50 ILCS 105/3, Public Officer Prohibited Activities Act
2 C.F.R. §200.318(c)(1).

CROSS REF.:  2:105 (Ethics and Gift Ban), 4:60 (Purchases and Contracts), 5:120 (Employee Ethics; Code of Professional Conduct; and Conflict of Interest)

REVISED:  January 25, 2010
January 24, 2011
May 8, 2017
August 21, 2017
January 27, 2020
February 27, 2023