23028 Annual Report 22-23_hi
Sponsored Programs Illinois Energy Consortium Powered by Future Green
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. 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. Frontline Education Frontline Education is a leading provider of school administration software, connecting solutions for student and special programs, business operations and human capital management with powerful analytics to empower educators. The analytics and data visualization suite is a comprehensive tool that provides real-time data for everything from prioritization of resources and identifying current-year financial resources to making timely, equitable decisions aligned to district goals and identifying and designating highly effective teachers. Frontline partners with over 10,000 clients to deliver tools, data and insights purpose-built for K-12 that support greater efficiency and productivity, enabling school leaders to spend more time on strategic initiatives that impact student success and
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 is helping member school districts reduce their energy spending, protect them from market volatility and invest in renewable energy. The Illinois Energy Consortium powered by Future Green is 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 Haj Young, Chief Executive Officer of the Illinois Energy Consortium Powered by Future Green, at haj@future-green.org or 815-200-8721. 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. P-Card The P-Card (Procurement Card) Program continues to grow each year. A popular benefit of the IASA, IASB, Illinois ASBO, and IPA sponsored 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
district excellence. ISEBC/MSEBP
The Illinois Schools Employee Benefits Consortium (ISEBC) and the Metropolitan Schools Employee Benefits Program (MSEBP) include a proprietary fully insured, comprehensive
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