ISBE started profiling the financial health of the state's school districts in 2003, using experts to evaluate five areas: fund-balance-to-revenue ratio, expenditure-to-revenue ratio, days cash on hand, percentage of short-term borrowing ability remaining, and percentage of long-term borrowing ability remaining. The results are combined into a score, which corresponds with one of four designations.
Districts that score between 1 and 2.61 are on "financial watch"; between 2.62 and 3.07 - "financial warning"; between 3.08 and 3.53 - "financial review" and between 3.54 and 4.00 - "financial recognition".
Twelve Illinois school districts fell into the lowest financial strength category.
North Suburbs school districts financial health
Rank
District
County
Score
Designation
1
Niles Elementary School District 71
Cook
4.0
Recognition
2
Glencoe School District 35
Cook
4.0
Recognition
3
Morton Grove School District 70
Cook
4.0
Recognition
4
Union Ridge School District 86
Cook
4.0
Recognition
5
Northbrook Elementary School District 27
Cook
4.0
Recognition
6
Township High School District 214
Cook
4.0
Recognition
7
Northfield Township High School District 225
Cook
4.0
Recognition
8
Maine Township High School District 207
Cook
4.0
Recognition
9
Winnetka School District 36
Cook
4.0
Recognition
10
Park Ridge-Niles Community Consolidated School District 64
Cook
4.0
Recognition
11
Rosemont Elementary School District 78
Cook
4.0
Recognition
12
Wilmette School District 39
Cook
4.0
Recognition
13
Niles Township Community High School District 219
Cook
4.0
Recognition
14
Glenview Community Consolidated School District 34
Cook
4.0
Recognition
15
Lake Park Community High School District 108
Dupage
4.0
Recognition
16
West Northfield School District 31
Cook
3.9
Recognition
17
Arlington Heights School District 25
Cook
3.9
Recognition
18
New Trier Township High School District 203
Cook
3.9
Recognition
19
Golf Elementary School District 67
Cook
3.9
Recognition
20
East Maine School District 63
Cook
3.9
Recognition
21
Township High School District 211
Cook
3.9
Recognition
22
Evanston Township High School District 202
Cook
3.9
Recognition
23
Palatine Community Consolidated School District 15
Cook
3.9
Recognition
24
River Trails School District 26
Cook
3.9
Recognition
25
Kenilworth School District 38
Cook
3.9
Recognition
26
Prospect Heights School District 23
Cook
3.9
Recognition
27
Evanston-Skokie Community Consolidated School District 65
Cook
3.8
Recognition
28
Ridgewood Community High School District 234
Cook
3.8
Recognition
29
East Prairie School District 73
Cook
3.8
Recognition
30
Northbrook/Glenview School District 30
Cook
3.8
Recognition
31
Community Consolidated School District 62
Cook
3.8
Recognition
32
Skokie School District 73.5
Cook
3.8
Recognition
33
Fairview South School District 72
Cook
3.65
Recognition
34
Skokie School District 68
Cook
3.65
Recognition
35
Lincolnwood School District 74
Cook
3.65
Recognition
36
Schaumburg Community Consolidated School District 54
Cook
3.65
Recognition
37
Northbrook School District 28
Cook
3.65
Recognition
38
Pennoyer School District 79
Cook
3.55
Recognition
39
Mount Prospect School District 57
Cook
3.55
Recognition
40
Sunset Ridge School District 29
Cook
3.45
Review
41
Avoca School District 37
Cook
3.2
Review
42
Norridge School District 80
Cook
3.1
Review
ORGANIZATIONS IN THIS STORY
Lake Park Community High School District 108 Board• Skokie School District 68 Board• Niles Elementary School District 71• Morton Grove School District 70• Pennoyer School District 79• Ridgewood Community High School District 234• Union Ridge School District 86• Northbrook/Glenview School District 30• Skokie School District 73-5• Glencoe School District 35 Board• New Trier Township High School District 203 Board• Northbrook Elementary School District 27• Lincolnwood School District 74 Board• Sunset Ridge School District 29 Board• Northfield Township High School District 225• Mount Prospect School District 57 Board• Glenview Community Consolidated School District 34 Board• Avoca School District 37• River Trails School District 26• Fairview South School District 72• Park Ridge Consolidated Community School District 64 Board• Arlington Heights School District 25• Niles Township Community High School District 219 Board• Golf Elementary School District 67• Northbrook School District 28• Evanston Township High School District 202• Rosemont Elementary School District 78• Prospect Heights School District 23• East Maine School District 63• Winnetka School District 36• Evanston-Skokie Community Consolidated School District 65• East Prairie School District 73 Board• Palatine Community Consolidated School District 15 Board• West Northfield School District 31 Board• Wilmette School District 39 Board• Township High School District 214 Board• Norridge School District 80 Board• Community Consolidated School District 62• Kenilworth School District 38 Board• Township High School District 211• Maine Township High School District 207• Schaumburg Community Consolidated School District 54
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