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Public Official Bond (State Officials)

Illinois public official bonds guarantee that elected or appointed state officials will faithfully perform their duties and properly handle public funds. Bond amounts are set by statute or appointment terms and vary widely based on position—ranging from $3,000 for positions like City Attorney to $50,000+ for treasurer…

Bond amount$5,000
State or jurisdictionIllinois
ObligeeState of Illinois or specific appointing agency

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

Illinois public official bonds guarantee that elected or appointed state officials will faithfully perform their duties and properly handle public funds. Bond amounts are set by statute or appointment terms and vary widely based on position—ranging from $3,000 for positions like City Attorney to $50,000+ for treasurer…

Who usually needs it

All Illinois state officials—whether elected or appointed—who have fiduciary responsibilities or access to public funds must obtain this bond. This includes mayors, treasurers, city clerks, judges, auditors, collectors, and other government officials handling financial matters or public funds.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Frequently asked

Common questions.

What positions in Illinois require a Public Official Bond?

Any Illinois state official—elected or appointed—who has fiduciary responsibilities or handles public funds must be bonded. This includes mayors, city treasurers, city clerks, judges, auditors, collectors, and other government officials. The bond requirement is mandated under 5 ILCS 270/1 to protect constituents from misconduct, fraud, or negligence.

Who pays for the Illinois Public Official Bond premium?

In most Illinois municipalities, the city or government entity pays the surety bond premium rather than the individual official. However, this varies by jurisdiction—check with your appointing authority or municipality to confirm who is responsible for the premium payment in your specific case.

How is the bond amount determined for Illinois state officials?

The bond amount is fixed by statute or set by the appointing authority based on the official's position and responsibilities. Amounts vary widely—typically $3,000 for positions like City Attorney or Mayor, and $50,000 or more for treasurers and clerks who handle significant public funds. Check your appointment letter or municipal code for the specific amount required for your position.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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