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."
In all, 640 Illinois school districts achieved "financial recognition." Another 147 were under "financial review," 43 were designated "early warning," and 22 were on the "financial watch" list.
North Suburbs school districts financial health
Rank
District
County
Score
Designation
1
Northbrook Elementary School District 27
Cook
4.0
Recognition
2
Township High School District 211
Cook
4.0
Recognition
3
Winnetka School District 36
Cook
4.0
Recognition
4
Northfield Township High School District 225
Cook
4.0
Recognition
5
East Maine School District 63
Cook
4.0
Recognition
6
Evanston Township High School District 202
Cook
4.0
Recognition
7
Lincolnwood School District 74
Cook
4.0
Recognition
8
Wilmette School District 39
Cook
4.0
Recognition
9
Glenview Community Consolidated School District 34
Cook
4.0
Recognition
10
Skokie School District 68
Cook
4.0
Recognition
11
Maine Township High School District 207
Cook
4.0
Recognition
12
Fairview School District 72
Cook
4.0
Recognition
13
Township High School District 214
Cook
4.0
Recognition
14
Glencoe School District #35
Cook
4.0
Recognition
15
Rosemont Elementary School District 78
Cook
4.0
Recognition
16
Schaumburg Community Consolidated School District 54
Cook
4.0
Recognition
17
Mount Prospect School District 57
Cook
4.0
Recognition
18
Niles Elementary School District 71
Cook
4.0
Recognition
19
Park Ridge-Niles Community Consolidated School District 64
Cook
4.0
Recognition
20
Lake Park Community High School District 108
Dupage
4.0
Recognition
21
River Trails School District 26
Cook
3.9
Recognition
22
Golf Elementary School District 67
Cook
3.9
Recognition
23
Palatine Community Consolidated School District 15
Cook
3.9
Recognition
24
Kenilworth School District 38
Cook
3.9
Recognition
25
Arlington Heights School District 25
Cook
3.9
Recognition
26
Niles Township Community High School District 219
Cook
3.9
Recognition
27
Pennoyer School District 79
Cook
3.9
Recognition
28
Skokie School District 69
Cook
3.8
Recognition
29
East Prairie School District 73
Cook
3.8
Recognition
30
Community Consolidated School District 62
Cook
3.8
Recognition
31
Skokie School District 73.5
Cook
3.8
Recognition
32
Ridgewood Community High School District 234
Cook
3.7
Recognition
33
Sunset Ridge School District 29
Cook
3.7
Recognition
34
Morton Grove School District 70
Cook
3.65
Recognition
35
Northbrook/Glenview School District 30
Cook
3.65
Recognition
36
Northbrook School District 28
Cook
3.65
Recognition
37
Union Ridge School District 86
Cook
3.65
Recognition
38
West Northfield School District 31
Cook
3.65
Recognition
39
New Trier Township High School District 203
Cook
3.55
Recognition
40
Prospect Heights School District 23
Cook
3.55
Recognition
41
Wheeling Community Consolidated School District 21
Cook
3.45
Review
42
Evanston-Skokie Community Consolidated School District 65
Cook
3.35
Review
43
Avoca School District 37
Cook
3.3
Review
44
Norridge School District 80
Cook
2.75
Early
ORGANIZATIONS IN THIS STORY
Lake Park Community High School District 108 Board• Wheeling Community Consolidated School District 21• 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• Skokie School District 68 Board• 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• Skokie School District 69• 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• Northbrook Elementary School District 27
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