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Controller's Office

Daryl Okrzesik, Controller
125 S. Clark Street, 14th Floor
Chicago, IL 60603
Phone: 773.553.2710
Fax: 773.553.2711

 

The responsibility of the Controller's Office is to provide financial services needed by the schools and employees, maintain the fiscal integrity of the organization, provide financial leadership to the Chicago Board of Education according to state and federal legislation, governmental regulations, Board policies, and sound financial practices.


Goals & Accomplishments

  • Received award for excellence in financial reporting from the Association of School Business Officials.
  • Maintained balanced budget for four years that incorporates new educational initiatives, addresses systems priorities, and provides equitable resource allocation.
  • Negotiated a long-term rate reduction contract with Commonwealth Edison to reduce electricity costs at CPS and completed a review of past invoices and payments.
  • Implemented a technology-financing initiative to help schools buy technology at low interest rates.
  • Implemented the Oracle General Ledger and Accounts Payable/ Purchasing modules; developed new business processes and procedures, and trained staff on the new software, the first phase of a comprehensive, integrated system.
  • Revised, implemented and maintained a new chart of accounts.
  • Re-engineered Medical Claims processing to increase revenue and reduce costs; began reviewing other grants and funding sources for efficiencies.
  • Developed a fixed asset database for land and buildings and adopted a fixed asset policy.
  • Worked with City of Chicago to receive proceeds from Tax Increment Financing (TIF) district, to fund the Capital Improvement Program.
  • Prepared quarterly financial statements for the first time in the history of CPS.
  • Developed a system of open and direct communication with all schools and offices to foster an environment of shared financial responsibility and accountability.

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