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Illinois Valley Times

Saturday, November 2, 2024

Ranking school finances: Which districts are the healthiest in Illinois Valley?

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Ohio Community High School District 505, Malden Community Consolidated School District 84 and Ohio Community Consolidated School District 17 received the best financial ratings by the Illinois State Board of Education (ISBE) for their 2017 finances.

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.

Illinois Valley school districts financial health

Rank
District
County
Score
Designation
1
Ohio Community High School District 505
Bureau
4.0
Recognition
2
Malden Community Consolidated School District 84
Bureau
4.0
Recognition
3
Ohio Community Consolidated School District 17
Bureau
4.0
Recognition
4
Mazon-Verona-Kinsman Elementary School District 2C
Grundy
4.0
Recognition
5
Gardner Community Consolidated School District 72C
Grundy
4.0
Recognition
6
Rutland Community Consolidated School District 230
Lasalle
4.0
Recognition
7
Seneca Township High School District 160
Lasalle
4.0
Recognition
8
Waltham Community Consolidated School District 185
Lasalle
4.0
Recognition
9
Seneca Community Consolidated School District 170
Lasalle
4.0
Recognition
10
Lostant Community Unit School District 425
Lasalle
4.0
Recognition
11
Marseilles Elementary School District 150
Lasalle
4.0
Recognition
12
Coal City Cusd 1
Grundy
3.9
Recognition
13
Dimmick Community Consolidated School District 175
Lasalle
3.9
Recognition
14
Leland Community Unit School District 1
Lasalle
3.9
Recognition
15
Earlville Community Unit School District 9
Lasalle
3.8
Recognition
16
Streator Township High School District 40
Lasalle
3.8
Recognition
17
La Salle Elementary School District 122
Lasalle
3.7
Recognition
18
Princeton High School District 500
Bureau
3.65
Recognition
19
La Moille Community Unit School District 303
Bureau
3.65
Recognition
20
Gardner S Wilmington Township Hsd 73
Grundy
3.65
Recognition
21
Tonica Community Consolidated School District 79
Lasalle
3.65
Recognition
22
Miller Township Community Consolidated School District 210
Lasalle
3.65
Recognition
23
Allen Otter Creek Community Consolidated School District 65
Lasalle
3.65
Recognition
24
Oglesby Elementary School District 125
Lasalle
3.65
Recognition
25
Putnam County Community Unit School District 535
Putnam
3.65
Recognition
26
Hall Township High School District 502
Bureau
3.6
Recognition
27
Ladd Community Consolidated School District 94
Bureau
3.55
Recognition
28
Nettle Creek Ccsd 24c
Grundy
3.55
Recognition
29
Saratoga Ccsd 60c
Grundy
3.55
Recognition
30
Mendota Township High School District 280
Lasalle
3.55
Recognition
31
Grand Ridge Community Consolidated School District 95
Lasalle
3.55
Recognition
32
Ottawa Township High School District 140
Lasalle
3.55
Recognition
33
Deer Park Community Consolidated School District 82
Lasalle
3.55
Recognition
34
Serena Community Unit School District 2
Lasalle
3.55
Recognition
35
Spring Valley Community Consolidated School District 99
Bureau
3.45
Review
36
South Wilmington Ccsd 74
Grundy
3.45
Review
37
Mendota Community Consolidated School District 289
Lasalle
3.45
Review
38
Minooka Ccsd 201
Grundy
3.35
Review
39
La Salle-Peru Township High School District 120
Lasalle
3.35
Review
40
Wallace Community Consolidated School District 195
Lasalle
3.25
Review
41
Peru Elementary School District 124
Lasalle
3.25
Review
42
Bureau Valley Cusd #340
Bureau
3.1
Review
43
Princeton Elementary School District 115
Bureau
3.1
Review
44
Depue Unit School District 103
Bureau
3.0
Early
45
Braceville School District 75
Grundy
3.0
Early
46
Ottawa Elementary School District 141
Lasalle
3.0
Early
47
Dalzell Grade School District 98
Bureau
2.75
Early
48
Morris Chsd 101
Grundy
2.75
Early
49
Morris School District 54
Grundy
2.45
Watch
50
Streator Elementary School District 44
Lasalle
2.45
Watch
51
Cherry School District 92
Bureau
2.0
Watch

ORGANIZATIONS IN THIS STORY

Spring Valley Community Consolidated School District 99 BoardTonica Community Consolidated School District 79Peru Elementary School District 124Dalzell School District 98Streator Elementary School District 44 BoardPrinceton High School District 500 BoardMalden Community Consolidated School District 84 BoardBureau Valley Community Unit School District 340 BoardSeneca Township High School District 160Hall Township High School District 502 BoardBraceville School District 75 BoardPutnam County Community Unit School District 535La Moille Community Unit School District 303Mendota Township High School District 280 BoardMinooka Community Consolidated School District 201Waltham Community Consolidated School District 185Marseilles Elementary School District 150Morris School District 54Depue Community Unit School District 103Serena Community Unit School District 2Coal City Community Unit School District 1 BoardCherry School District 92Leland Community Unit School District 1Earlville Community Unit School District 9Allen Otter Creek Community Consolidated School District 65Gardner Community Consolidated School District 72cLadd Community Consolidated School District 94Morris Community High School District 101Saratoga Community Consolidated School District 60c BoardOglesby Elementary School District 125Deer Park Community Consolidated School District 82 BoardOhio Community Consolidated School District 17La Salle Elementary School District 122Ohio Community High School District 505Grand Ridge Community Consolidated School District 95Ottawa Township High School District 140Nettle Creek Community Consolidated School District 24c BoardRutland Community Consolidated School District 230 BoardOttawa Elementary School District 141Princeton Elementary School District 115South Wilmington Consolidated School District 74 BoardLa Salle-Peru Township High School District 120Lostant Community Unit School District 425 BoardMazon-Verona-Kinsman Elementary School District 2cStreator Township High School District 40Dimmick Community Consolidated School District 175Seneca Community Consolidated School District 170Mendota Community Consolidated School District 289 BoardWallace Community Consolidated School District 195

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