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Tuesday, November 5, 2024

Ranking school finances: Which districts are the healthiest in Greater C-U?

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Prairieview-Ogden Community Consolidated School District 197, Ludlow Community Consolidated School District 142 and Deland-Weldon Community Unit School District 57 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.

Greater C-U school districts financial health

Rank
District
County
Score
Designation
1
Prairieview-Ogden Community Consolidated School District 197
Champaign
4.0
Recognition
2
Ludlow Community Consolidated School District 142
Champaign
4.0
Recognition
3
Monticello Community Unit School District 25
Piatt
4.0
Recognition
4
Cerro Gordo Community Unit School District 100
Piatt
4.0
Recognition
5
Deland-Weldon Community Unit School District 57
Piatt
4.0
Recognition
6
Armstrong Township High School District 225
Vermilion
4.0
Recognition
7
Rantoul Township High School District 193
Champaign
3.9
Recognition
8
St. Joseph - Ogden Chsd 305
Champaign
3.9
Recognition
9
Champaign Community Unit School District 4
Champaign
3.9
Recognition
10
Gifford Community Consolidated School District 188
Champaign
3.9
Recognition
11
Gibson City-Melvin-Sibley Community Unified School District 5
Ford
3.9
Recognition
12
Potomac Community Unit School District 10
Vermilion
3.9
Recognition
13
Salt Fork Community Unit School District #512
Vermilion
3.9
Recognition
14
Tolono Community Unit School District 7
Champaign
3.8
Recognition
15
Urbana School District 116
Champaign
3.8
Recognition
16
Rossville Alvin Community Unit School District 7
Vermilion
3.8
Recognition
17
Westville Community Unit School District 2
Vermilion
3.8
Recognition
18
Rantoul City School District 137
Champaign
3.7
Recognition
19
Danville Community Consolidated School District 118
Vermilion
3.7
Recognition
20
Hoopeston Area Community Unit School District 11
Vermilion
3.65
Recognition
21
Thomasboro Community Consolidated School District 130
Champaign
3.55
Recognition
22
Armstrong-Ellis Community School District 61
Vermilion
3.55
Recognition
23
Bement Community Unified School District 5
Piatt
3.45
Review
24
Bismarck Henning Community Unit School District 1
Vermilion
3.45
Review
25
St. Joseph Community Consolidated School District 169
Champaign
3.35
Review
26
Heritage Community Unit School District 8
Champaign
3.35
Review
27
Fisher Community Unit School District 1
Champaign
3.35
Review
28
Paxton-Buckley-Loda Community Unit School District 10
Ford
3.35
Review
29
Georgetown Ridge Farm Community Unit School District 4
Vermilion
3.25
Review
30
Oakwood Community Unit School District 76
Vermilion
3.25
Review
31
Tri Point Community Unit School District 6J
Livingston
3.1
Review
32
Mahomet-Seymour Community Unit School District 3
Champaign
2.8
Early

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