The Waukegan Park District Board of Commissioners approved the Fiscal Year 2023-24 budget on April 25, 2023. In accordance with Public Act 97-0609, Section 7.3 compensation reporting requirements, a physical copy of that report is now available at the Administrative Center at 1324 Golf Rd., Waukegan, IL 60087.
Among the law’s requirements are the following:
- All IMRF employers must prepare, within 6 days of the approval of the budget, the total compensation package for each employee having a total compensation package that exceeds $75,000 per year; and
- Any IMRF employer that approves an employee’s total compensation package equal to or in excess of $150,000 per year must post on its website, at least 6 days before approval, the total compensation for that employee.