Ranking school finances: Which districts are the healthiest in North Suburbs?
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
Organizations in this Story
Arlington Heights School District 25 • Avoca School District 37 • Community Consolidated School District 62 • East Maine School District 63 • East Prairie School District 73 • Evanston Township High School District 202 • Evanston-Skokie Community Consolidated School District 65 • Fairview School District 72 • Glencoe School District 35 • Glenview Community Consolidated School District 34 • Golf Elementary School District 67 • Kenilworth School District 38 • Lake Park Community High School District 108 • Lincolnwood School District 74 • Maine Township High School District 207 • Morton Grove School District 70 • Mount Prospect School District 57 • New Trier Township High School District 203 • Niles Elementary School District 71 • Niles Township Community High School District 219 • Norridge School District 80 • Northbrook Elementary School District 27 • Northbrook School District 28 • Northbrook/Glenview School District 30 • Northfield Township High School District 225 • Palatine Community Consolidated School District 15 • Park Ridge-Niles Community Consolidated School District 64 • Pennoyer School District 79 • Prospect Heights School District 23 • Ridgewood Community High School District 234 • River Trails School District 26 • Rosemont Elementary School District 78 • Schaumburg Community Consolidated School District 54 • Skokie School District 68 • Skokie School District 69 • Skokie School District 73-5 • Sunset Ridge School District 29 • Township High School District 211 • Township High School District 214 • Union Ridge School District 86 • West Northfield School District 31 • Wheeling Community Consolidated School District 21 • Wilmette School District 39 • Winnetka School District 36
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