West Central Reporter

West Central Reporter

Friday, November 22, 2019

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

Schools

By Local Labs News Service | May 6, 2019

Shutterstock 198925646

A-C Central Community Unified School District 262, Carthage Elementary School District 317 and Illini West High School District 307 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.

West Central Illinois school districts financial health

Rank
District
County
Score
Designation
1
A-C Central Community Unified School District 262
Cass
4.0
Recognition
2
Carthage Elementary School District 317
Hancock
4.0
Recognition
3
Illini West High School District 307
Hancock
4.0
Recognition
4
West Prairie Community Unit School District 103
Mcdonough
4.0
Recognition
5
Bushnell Prairie City Community Unit School District 170
Mcdonough
4.0
Recognition
6
Macomb Community Unit School District 185
Mcdonough
4.0
Recognition
7
Beardstown Community Unified School District 15
Cass
3.9
Recognition
8
Carrollton Community Unit School District 1
Greene
3.9
Recognition
9
Greenfield Community Unit School District 10
Greene
3.9
Recognition
10
Southeastern Community Unit School District 337
Hancock
3.9
Recognition
11
Dallas Elementary School District 327
Hancock
3.9
Recognition
12
Nauvoo-Colusa Community Unit School District 325
Hancock
3.9
Recognition
13
Waverly Community Unit School District 6
Morgan
3.9
Recognition
14
Schuyler Industry Community Unit School District 5
Schuyler
3.9
Recognition
15
Warsaw Community Unit School District 316
Hancock
3.8
Recognition
16
Jacksonville School District 117
Morgan
3.8
Recognition
17
Pikeland Community Unit School District 10
Pike
3.8
Recognition
18
North Greene Community Unit School District 3
Greene
3.7
Recognition
19
Franklin Community Unit School District 1
Morgan
3.7
Recognition
20
Scott Morgan Community Unit School District 2
Scott
3.7
Recognition
21
Brussels Community Unit School District 42
Calhoun
3.55
Recognition
22
Meredosia-Chambersburg Community Unit School District 11
Morgan
3.55
Recognition
23
Western Community Unit School District 12
Pike
3.55
Recognition
24
Hamilton Community Consolidated School District 328
Hancock
3.45
Review
25
Triopia Community Unit School District 27
Morgan
3.35
Review
26
Winchester Community Unit School District 1
Scott
3.25
Review
27
Virginia Community Unit School District 64
Cass
3.15
Review
28
Brown County Community Unit School District 1
Brown
2.9
Early Warning
29
La Harpe Community School District 347
Hancock
2.9
Early Warning
30
Griggsville-Perry Community Unit School District 4
Pike
2.8
Early Warning
31
Calhoun Community Unit School District 40
Calhoun
2.55
Watch
32
Pleasant Hill Community Unit School District 3
Pike
2.1
Watch

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Organizations in this Story

Carrollton Community Unit School District 1Winchester Community Unit School District 1Carthage Elementary School District 317Greenfield Community Unit School District 10Warsaw Community Unit School District 316Waverly Community Unit School District 6Illini West High School District 307Pleasant Hill Community Unit School District 3Southeastern Community Unit School District 337Western Community Unit School District 12Brown County Community Unit School District 1Brussels Community Unit School District 42Meredosia-Chambersburg Community Unit School District 11North Greene Community Unit School District 3Nauvoo-Colusa Community Unit School District 325Triopia Community Unit School District 27Calhoun Community Unit School District 40Franklin Community Unit School District 1Hamilton Community Consolidated School District 328Dallas Elementary School District 327Scott Morgan Community Unit School District 2Virginia Community Unit School District 64La Harpe Community School District 347Bushnell Prairie City Community Unit School District 170West Prairie Community Unit School District 103Macomb Community Unit School District 185Jacksonville School District 117Beardstown Community Unified School District 15Griggsville-Perry Community Unit School District 4Pikeland Community Unit School District 10Schuyler Industry Community Unit School District 5A-C Central Community Unified School District 262

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