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Illinois Valley Times

Friday, November 22, 2024

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

Highschool04

Malden Community Consolidated School District 84, Gardner Community Consolidated School District 72C and Nettle Creek Community Consolidated School District 24C received the best financial ratings by the Illinois State Board of Education (ISBE) for their 2018 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".

Twelve Illinois school districts fell into the lowest financial strength category.

Illinois Valley school districts financial health

Rank
District
County
Score
Designation
1
Malden Community Consolidated School District 84
Bureau
4.0
Recognition
2
Gardner Community Consolidated School District 72C
Grundy
4.0
Recognition
3
Nettle Creek Community Consolidated School District 24C
Grundy
4.0
Recognition
4
Tonica Community Consolidated School District 79
La salle
4.0
Recognition
5
Mendota Township High School District 280
La salle
4.0
Recognition
6
Seneca Township High School District 160
La salle
4.0
Recognition
7
Waltham Community Consolidated School District 185
La salle
4.0
Recognition
8
Seneca Community Consolidated School District 170
La salle
4.0
Recognition
9
Oglesby Elementary School District 125
La salle
4.0
Recognition
10
Marseilles Elementary School District 150
La salle
3.9
Recognition
11
Lostant Community Unit School District 425
La salle
3.9
Recognition
12
Earlville Community Unit School District 9
La salle
3.9
Recognition
13
Leland Community Unit School District 1
La salle
3.9
Recognition
14
Grand Ridge Community Consolidated School District 95
La salle
3.9
Recognition
15
Ohio Community High School District 505
Bureau
3.8
Recognition
16
Spring Valley Community Consolidated School District 99
Bureau
3.8
Recognition
17
Ohio Community Consolidated School District 17
Bureau
3.8
Recognition
18
Minooka Community High School District 111
Grundy
3.8
Recognition
19
Mazon-Verona-Kinsman Elementary School District 2C
Grundy
3.8
Recognition
20
Saratoga Community Consolidated School District 60C
Grundy
3.8
Recognition
21
Streator Township High School District 40
La salle
3.8
Recognition
22
Minooka Community Consolidated School District 201
Grundy
3.7
Recognition
23
La Salle Elementary School District 122
La salle
3.7
Recognition
24
Princeton High School District 500
Bureau
3.65
Recognition
25
Gardner S Wilmington Township High School District 73
Grundy
3.65
Recognition
26
Miller Township Community Consolidated School District 210
La salle
3.65
Recognition
27
Serena Community Unit School District 2
La salle
3.65
Recognition
28
Rutland Community Consolidated School District 230
La salle
3.65
Recognition
29
Putnam County Community Unit School District 535
Putnam
3.65
Recognition
30
Hall Township High School District 502
Bureau
3.6
Recognition
31
Dalzell School District 98
Bureau
3.55
Recognition
32
La Moille Community Unit School District 303
Bureau
3.55
Recognition
33
Ladd Community Consolidated School District 94
Bureau
3.55
Recognition
34
Coal City Community Unit School District 1
Grundy
3.55
Recognition
35
Deer Park Community Consolidated School District 82
La salle
3.55
Recognition
36
Allen Otter Creek Community Consolidated School District 65
La salle
3.55
Recognition
37
Mendota Community Consolidated School District 289
La salle
3.55
Recognition
38
Ottawa Township High School District 140
La salle
3.55
Recognition
39
Depue Unit School District 103
Bureau
3.45
Review
40
Braceville School District 75
Grundy
3.45
Review
41
South Wilmington Community Consolidated School District 74
Grundy
3.45
Review
42
Ottawa Elementary School District 141
La salle
3.35
Review
43
La Salle-Peru Township High School District 120
La salle
3.25
Review
44
Peru Elementary School District 124
La salle
3.25
Review
45
Wallace Community Consolidated School District 195
La salle
3.25
Review
46
Streator Elementary School District 44
La salle
3.15
Review
47
Princeton Elementary School District 115
Bureau
3.1
Review
48
Morris Elementary School District 54
Grundy
2.8
Early Warning
49
Morris Community High School District 101
Grundy
2.75
Early Warning

ORGANIZATIONS IN THIS STORY

Spring Valley Community Consolidated School District 99 BoardMinooka Community High School District 111 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 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 BoardLeland 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 40Seneca Community Consolidated School District 170Mendota Community Consolidated School District 289 BoardWallace Community Consolidated School District 195

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