22033 IASA AnnReport for 21-22_hi

Other Programs

Illinois Energy Consortium Powered by Future Green In May 2022, the Illinois Association of School Administrators (IASA), the Illinois Association of School Business Officials (IASBO) and the Illinois Association of School Boards (IASB) announced a merger to create the Illinois Energy Consortium powered by Future Green—Illinois’ largest energy management group. The initiative will help member school districts reduce their energy spending, protect them from market volatility and invest in renewable energy. The new entity is a merger of the Illinois Energy Consortium (IEC) and Future Green Energy Consortium (FGEC). The IEC, created in 1997, is Illinois’ largest electric and natural gas pool. More than 30 percent of all Illinois public school districts and colleges are members. The FGEC was created in 2016 as a way to provide members with renewable electric power solutions at no out-of-pocket cost. Illinois Energy Consortium powered by Future Green will be actively managed by Econergy LLC, based in Chicago. Econergy has helped more than 2,500 schools and businesses across the country unlock access to renewable energy savings by building energy coalitions. School districts that are interested in harnessing the power of an energy consortium are encouraged to contact Todd Main, Director of Econergy LLC, at todd@econergy.net or 708–738–7365. ISDLAF+ The Illinois School District Liquid Asset Fund Plus (“The Fund”) offers a variety of opportunities to school districts for the investment and management of funds, which includes school districts and community colleges in Illinois. Since its inception, ISDLAF+ is the only investment program sponsored by three separate benchmark associations: IASA, Illinois ASBO, and IASB. Each recognizes the fund as being powerfully and uniquely suited to the needs of Illinois school districts—providing the ideal mix of safety, liquidity, and yield. For more information, visit www.isdlafplus.com.

P-Card The P-Card (Procurement Card) Program continues to grow each year. A popular benefit of the program is the rebate that is given to each participating school district. Rebate amounts are based on the total volume each school spends. In addition, the P-Card streamlines the purchasing process, reduces the purchase order paperwork, increases budget and internal controls, provides better reporting, and reduces the cost of making monthly payments to vendors. While it looks like a credit card, the P-Card does not have a revolving monthly credit. The balance is paid in full every month. For more information about this IASA, IASB, Illinois ASBO, and IPA sponsored program, visit illinois-pcard.com. Workers Compensation Self-Insurance Trust, Illinois School District Agency As the current insurance marketplace continues to contract and there are fewer options for Illinois Public Schools, the Workers’ Compensation Self-Insurance Trust (WCSIT) and Illinois School District Agency (ISDA) are ready to provide quality programs and services for their members, just as they have done for a combined 60-plus years. WCSIT and ISDA (collectively WCSIT * ISDA) continuously strive to make coverage choices easier and more cost- effective for Illinois schools by offering extensive options. Additionally, WCSIT * ISDA has a dedicated staff with years of experience serving schools and providing loss control services to help reduce potential risks and claims. Visit https://www.wcsit-isda.com to learn more. Forecast 5 Analytics Forecast5 brings business intelligence to Illinois school districts. 5Sight combines powerful data mining tools and interactive visuals to fast-track discovery and analysis. Key decision makers can use 5Sight to quickly develop financial strategies and action plans. 5Sight Analyze allows users to view, explore, and get behind the details of the data. For more information, go to www.forecast5analytics.com. continued...

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