| For Immediate Release
June 9, 2004
East St. Louis Board of Education and
ISBE join together
Agreement ensures continued financial stability
(East St. Louis, IL) -- An intergovernmental agreement
between the East St. Louis School Board and the Illinois
State Board of Education will assist the district through
the next fiscal year as it moves toward independent governance.
The East St. Louis School Board approved the agreement
between the district and ISBE Wednesday at a special board
meeting. Under the terms of the agreement, ISBE will dissolve
the current Financial Oversight Panel at the end of this
month, and a new Transition Committee will be put into
place to assist and support the district in maintaining
financial stability and effective management of its operations.
The Financial Oversight Panel will expire in October.
The State Board, however, does have the legal authority
to dissolve the panel earlier. The agreement is scheduled
to be ratified by the State Board of Education at its
June 16th meeting.
This agreement is recognition of the honorable
and worthwhile contributions that the members of the Financial
Oversight Panel have made over the past decade and our
mutual desire for the district to stay on fiscally sound
footing, State Superintendent of Education Robert
State Board Chair Janet Steiner commended the work of
FOP chairman Richard Mark, and members Ann Duncan and
Saundra Hudson. The tireless efforts and commitment
of these three people can not go unnoticed. They have
worked hard to improve the fiscal condition of the district
and consequently the lives of its students.
Schiller said that State Senator James Clayborne forged
the agreement between the East St. Louis Board of Education
and ISBE. All of us believe that this agreement
represents a solution that ensures that over the next
year we can get the right infrastructure in place so that
the school board can effectively manage the district finances.
We have witnessed a decade filled with great improvements
in the way that finances are managed in the East St. Louis
schools, Clayborne said. The continued success
of the district and our students is far too important
for us to move backward. By investing one year into a
proper transition, we can ensure the continued financial
stability of the district.
After approving the agreement, the East St. Louis Board
of Education Wednesday approved the formation of the Transition
Committee and its members, which will include, State Superintendent
of Education Robert Schiller, Peoria Public Schools District
150 Superintendent Dr. Kay E. Royster and Prairie Hills
School District 144 Superintendent Dr. J. Kay Giles.
A lot of people have worked hard to get where we
are today and it would be a shame if all of their hard
work was for naught, said Schiller. I am proud
to have worked together with the East St. Louis Board
of Education and Senator Clayborne and look forward to
a smooth transition over the next year.
The Transition Committee will play an essential role
in fulfilling the agreement. Its first order of business
will be to consult with the East St. Louis Board of Education
in appointing an Interim Chief Executive Officer. The
CEO will report primarily to the Transition Committee
and secondarily to the East St. Louis School Board. The
CEO will assist in the search for a permanent district
superintendent. The position will run through June 30,
2005 and the appointee may not seek an extension of employment
beyond the transition period.
The Transition Committee will also assist the East St.
Louis School Board in hiring an Interim Deputy Superintendent,
an Interim Chief Financial Officer, and an Interim Internal
Auditor. All the positions are slated to begin July 1,
2004, but unlike the Interim CEO, their employment may
be extended beyond the life of the transition agreement.
The agreement provides that:
- ISBE supports the districts efforts to maintain
financial stability, sound management and personnel
practices and improvement of educational services.
- The Transition Committee shall assist the East St.
Louis Board of Education in its search for a permanent
- When the East St. Louis Board of Education conflicts
with the CEOs recommendations pertaining to management,
personnel and financial decisions, the Transition Committee
will have final review and approval authority.
- The duties set forth for ISBE are contingent on a
$300,000 appropriation by the General Assembly for Fiscal
Year 2005. In the case that the General Assembly fails
to provide adequate funding, the East St. Louis Board
of Education will provide $200,000 to ISBE to fulfill
its responsibilities set forth in the agreement.
- The agreement will run concurrent with Fiscal Year
2005, beginning July 1, 2004 through June 30, 2005.