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Each
year, ISBE requests that each district superintendent review
their Annual Financial Report data and calculations through
the ISBE Web Application Security System (IWAS) - District
Financial Report System to determine the accuracy of their
respective PCTC, OEPP, and Financial Profile Designation.
The accuracy of these computations may impact your district's
finances and School Report Card.
The PCTC is the amount a school district charges as tuition
to a nonresident student and represents expenditures from
local taxes, common school fund monies, and federal impact
aid. The OEPP represents the cost of operating a regular
K
- 12 educational program.
Lastly,
this is the Financial Profile Designation that will
be approved
and publicly released by ISBE; it is important that you review
your Financial Profile data and score. District
comments that will be included with your final Financial
Profile Report
may be entered in the comment box. Although comments
are optional, this is an opportunity for districts to explain
financial
circumstances. The data verification and comments should
be completed through your respective IWAS account by February
15, 2008.
Cover letter: PCTC,
OEPP 
Financial
Profile Cover Letter
IWAS
Instructions
Instructions: PCTC,
OEPP, Profile
Definitions
FAQ’s: PCTC, OEPP
FAQ's:
Profile
Profile explanation document
General
State Aid Inquiry - use to verify 9-month average daily
attendance
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