Illinois law requires school districts to carry a School Treasurer’s Surety Bond. WCSIT members are eligible for discounted pricing on the bond for their district treasurer. WCSIT can also provide surety bonds for working cash, life safety, and construction bond obligations at significantly lower rates than other markets.

Offered at a savings of up to 40% to qualified districts. With up to $15 million in coverage to secure the treasurer’s faithful performance as required by law, this outstanding bond program has higher limits available upon request. It can also provide bonds for working cash, life safety and construction bond obligations.

School District Treasurer’s Bond Applications (PDF)