Proviso Township School Treasurer's Office

What Proviso Township School Treasurer's Office does

Proviso Township School Treasurer's Office is a public government entity operating under Illinois state law, established in 1819 as part of the Township Trustees of Schools system created by the First General Assembly of Illinois. The office is statutorily appointed to administer school finances and consolidated financial services for the 18 school districts located within Proviso Township, Illinois — encompassing elementary districts (#87 through #107), two high school districts (#208 and #209), and one special education cooperative (#803). Its mission, as stated on its public website, is to deliver efficient consolidated financial services that reduce operating costs and maximize interest earnings through pooled fund investing.

The office provides financial administration, investment management, and pooled fund operations as a managed services function for member districts. Services include budget management, audited financial statement preparation, investment policy administration, and Illinois Municipal Retirement Fund (IMRF) reporting. The technology stack is described as standard government financial management systems with no proprietary software products. The organization operates from a single headquarters at 10114 Gladstone Street in Westchester, Illinois, and holds monthly board meetings (with agendas, minutes, and budgets publicly published). The office is staffed by six personnel: a Treasurer/CFO (Paul Bellisario), a Director of Operations/Board Secretary (Livia Sforza), and four office staff members, with governance provided by elected and appointed trustees representing the constituent districts.

The business model is structured as a statutory public-sector cost-recovery arrangement. The office derives revenue from fees and cost-sharing with member school districts for the financial administration services it provides; specific pricing is not publicly disclosed. The office does not pursue commercial contracts, venture funding, or private ownership — it is a government entity with no parent company, no subsidiaries, and no disclosed private capital. Marketing and customer acquisition are not applicable; the 18 districts are constituents by statute.

Name

Proviso Township School Treasurer's Office

Legal name

Proviso Township School Treasurer's Office

Website

https://provisotst.org

Company type

Private

Founded year

1819

Operating status

Operating

Headcount range

1–10 employees

Short description

Proviso Township School Treasurer's Office is an Illinois government entity, established in 1819 under state law, that provides consolidated financial administration, pooled fund investing, and treasury services to 18 school districts within Proviso Township.

Ownership category

akta.pro rank

Product category

Public School District Treasury Administration

NAICS

Public Finance Activities (92113), Administration of Education Programs (923110)

akta.pro primary industry

Finance, Budgeting & Treasury Administration (EDADAKAF)

akta.pro secondary industries

Municipal Finance, Treasury, Budget & Procurement (BPAIACAC), District Administration & Central Office (EDAJAAAA)

Keywords

• Public sector treasury
• School district finance
• Pooled fund investing
• Governmental financial administration
• Investment management services

Headquarters

HQ city

Westchester

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. School District Financial Services: Public office providing consolidated financial services to school districts. Revenue derives from statutory fees and cost-sharing arrangements with member school districts for financial administration, investment management, and pooled fund operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

The Proviso Township School Treasurer's Office provides consolidated financial administration and pooled-fund investment management for the 18 school districts within Proviso Township, Illinois. Its services include financial administration, investment management, budget management, audited financial statement preparation, IMRF reporting, and board governance support. The office is funded through statutory cost-sharing arrangements with member districts rather than open-market pricing.

Product overview

Proviso Township School Treasurer's Office is a government entity that provides consolidated financial services for multiple school districts within Proviso Township, Illinois. The office administers school finances, manages pooled funds investing, and provides financial reporting services including budget management, audited financial statements, investment policy administration, and board meeting coordination for 18 school districts (#87-#209 and #803). The organization does not offer commercial software products; it provides public-sector financial administration services.

Differentiator

Problem solved

Functional benefit

Products and services

• Consolidated Financial Administration for School Districts

Quantifiable outcome

• Provides efficient consolidated financial services which reduce operating costs and maximize interest earnings through pooled funds investing

Named customers17 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core.

• Berkeley District #87coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Bellwood District #88coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Maywood District #89coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• River Forest District #90coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Forest Park District #91coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Broadview District #92coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Westchester District #92.5coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Hillside District #93coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• North Riverside District #94coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Brookfield District #95coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Riverside District #96coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• La Grange District #105coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• LaGrange Highlands District #106coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Pleasantdale District #107coreOthersMember school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Riverside/Brookfield District #208coreOthersMember high school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Proviso High School District #209coreOthersMember high school district served by the Proviso Township School Treasurer's Office for financial administration and investment management services.
• Proviso Area Exceptional Children #803coreOthersSpecial education cooperative served by the Proviso Township School Treasurer's Office for financial administration and investment management services.

Scale indicators4 records

Recent moves3 records

Direct peers

• Maine Township School Treasurer's Office: Illinois township school treasurer operating under identical statutory authority, administering treasury functions and pooled investments for constituent districts in Maine Township. Closely comparable service offering and customer profile.
• Lyons Township School Treasurer's Office: Another Illinois township school treasurer's office governed by the same Township Trustees of Schools statute, providing consolidated financial administration and pooled fund investing for member school districts in Lyons Township.
• Leyden Township School Treasurer's Office: Adjacent Illinois township operating under the same 1819 statutory framework as Proviso, administering school district finances and pooled investments for member districts within Leyden Township. Directly comparable in role, statutory authority, and service scope.
• Elk Grove Township School Treasurer's Office: Illinois township school treasurer office serving member districts within Elk Grove Township with the same statutory mandate for financial administration and pooled fund investment established in 1819.

Broad incumbents

• Illinois State Board of Education: State-level agency providing oversight and policy direction for K-12 education in Illinois, including financial reporting and accountability frameworks that township treasurers must comply with. Indirect peer in shared regulatory and administrative ecosystem.
• Illinois Funds (IL Funds) Pooled Investment Program: State-level pooled investment vehicle operated by the Illinois State Treasurer's Office, providing a competing investment option for school district and local government funds. Comparable product offering (pooled fund investing) but broader scope and statewide scale rather than a single township.
• PMA Financial Network: Illinois-based financial services firm providing investment, advisory, and treasury management services to school districts and other public entities statewide. Comparable in that it serves similar customers (school districts) with overlapping capabilities (investment management, pooled fund administration), but operates commercially rather than by statutory appointment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Proviso Township School Treasurer's Office