Chambana Sun

Chambana Sun

Wednesday, January 29, 2020

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

Schools

By Local Labs News Service | May 6, 2019

Hs 05

Ludlow Community Consolidated School District 142, Deland-Weldon Community Unit School District 57 and Potomac Community Unit School District 10 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.

Greater C-U school districts financial health

Rank
District
County
Score
Designation
1
Ludlow Community Consolidated School District 142
Champaign
4.0
Recognition
2
Deland-Weldon Community Unit School District 57
Piatt
4.0
Recognition
3
Hoopeston Area Community Unit School District 11
Vermilion
4.0
Recognition
4
Potomac Community Unit School District 10
Vermilion
4.0
Recognition
5
Armstrong Township High School District 225
Vermilion
4.0
Recognition
6
Heritage Community Unit School District 8
Champaign
3.9
Recognition
7
St. Joseph-Ogden Community High School District 305
Champaign
3.9
Recognition
8
Rantoul Township High School District 193
Champaign
3.9
Recognition
9
Gifford Community Consolidated School District 188
Champaign
3.9
Recognition
10
Tolono Community Unit School District 7
Champaign
3.9
Recognition
11
Gibson City-Melvin-Sibley Community Unified School District 5
Ford
3.9
Recognition
12
Salt Fork Community Unit School District 512
Vermilion
3.9
Recognition
13
Bismarck Henning Community Unit School District 1
Vermilion
3.9
Recognition
14
Westville Community Unit School District 2
Vermilion
3.9
Recognition
15
Bement Community Unit School District 5
Piatt
3.8
Recognition
16
Georgetown-Ridge Farm Community Unit School District 4
Vermilion
3.8
Recognition
17
Rossville Alvin Community Unit School District 7
Vermilion
3.8
Recognition
18
Rantoul City School District 137
Champaign
3.7
Recognition
19
Cerro Gordo Community Unit School District 100
Piatt
3.7
Recognition
20
Danville Community Consolidated School District 118
Vermilion
3.7
Recognition
21
Monticello Community Unit School District 25
Piatt
3.65
Recognition
22
Thomasboro Community Consolidated School District 130
Champaign
3.55
Recognition
23
Champaign Community Unit School District 4
Champaign
3.45
Review
24
Urbana School District 116
Champaign
3.45
Review
25
Fisher Community Unit School District 1
Champaign
3.35
Review
26
St. Joseph Community Consolidated School District 169
Champaign
3.35
Review
27
Paxton-Buckley-Loda Community Unit School District 10
Ford
3.25
Review
28
Oakwood Community Unit School District 76
Vermilion
3.25
Review
29
Armstrong-Ellis Community School District 61
Vermilion
3.2
Review
30
Mahomet-Seymour Community Unit School District 3
Champaign
2.8
Early Warning
31
Tri Point Community Unit School District 6J
Livingston
1.6
Watch

Want to get notified whenever we write about any of these organizations ?

Sign-up Next time we write about any of these organizations, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Fisher Community Unit School District 1Potomac Community Unit School District 10Hoopeston Area Community Unit School District 11Cerro Gordo Community Unit School District 100Deland-Weldon Community Unit School District 57Heritage Community Unit School District 8Paxton-Buckley-Loda Community Unit School District 10Tri Point Community Unit School District 6JWestville Community Unit School District 2Oakwood Community Unit School District 76Monticello Community Unit School District 25Rantoul Township High School District 193Thomasboro Community Consolidated School District 130Bement Community Unit School District 5Gibson City-Melvin-Sibley Community Unified School District 5Ludlow Community Consolidated School District 142Armstrong Township High School District 225Armstrong-Ellis Community School District 61Gifford Community Consolidated School District 188Tolono Community Unit School District 7St. Joseph-Ogden Community High School District 305Bismarck Henning Community Unit School District 1Champaign Community Unit School District 4Urbana School District 116Rantoul City School District 137Georgetown-Ridge Farm Community Unit School District 4Danville Community Consolidated School District 118Mahomet-Seymour Community Unit School District 3Rossville Alvin Community Unit School District 7St. Joseph Community Consolidated School District 169Salt Fork Community Unit School District 512

More News