Bylaw - 0144.3 Conflict of Interest

A. Conflict of Interest Disclosure             

If a Board member or a spouse or dependent has a pecuniary interest in a contract or purchase to be approved by the Board, or a Board member or a spouse or dependent will profit from a contract or purchase to be approved by the Board, the Board member shall submit a written Conflict of Interest disclosure on State Board of Accounts Form 236. The disclosure shall be submitted for approval by the Board before the Board considers approval of the contract or purchase addressed in the disclosure.

The Board member shall not participate in the discussion or vote on the acceptance of his/her disclosure or approval of the contract or purchase, and the role played by this Board member shall be described in the minutes of the meeting.         

A written conflict of interest disclosure on State Board of Accounts Form 236 that is approved by the Board shall be filed by the Superintendent with the State Board of Accounts and the Clerk of the Circuit Court within fifteen (15) calendar days after approval by the Board. I.C. 35 44.1-1-2        

B. Profiteering From Public Service         

For one (1) year after leaving the Board, a member of the Board shall not obtain a pecuniary interest in any contract or purchase which was approved by the Board during his/her Board service unless the former member:   

1. was screened from any participation in the contract or purchase

2. has not and will not receive a part of any profit from the contract or purchase by the Board; and

3. promptly gives notice to the Board of his/her interest in the contract or purchase.

C. No Board member shall accept gifts, favors, services, entertainment, food, or drink that exceed an aggregate value of $250 in any calendar year from a person desiring to do business or is doing business with Carmel Clay Schools. This limit can be waived for a legitimate public purpose. The following shall not be considered a gift, favor, service, entertainment, food, or drink:

1. food or drink consumed by a board member during the conduct of official public business or while attending public ceremonies

2. mementos or souvenirs of nominal value received at public ceremonies or commemorating official business

3. invitations or tickets to political fund-raising events or public charitable benefits when used by an board member or a member of his/her immediate family

4. food or drink consumed by a board member in connections with his/her official duties if consumed at a reception or gathering for public or school officials

5. food or drink consumed by a board member or other reasonable courtesies extended to a board member during negotiations or other activities related to an economic development project

D. If an honorarium is offered to board member as payment for a speech or article whose content is derived from that board member’s job, the honorarium is considered as a payment for the performance of duties and is not to be accepted. If an honorarium is offered to the board member as payment for a speech or article whose content is based solely upon the board member’s personal knowledge or expertise, the board member may accept it.

I.C. 35-44-1-7

Revised 6/15/92
Revised 2/27/12
Reviewed 6/3/13
Revised 7/25/13