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Lake County Gazette

Friday, March 29, 2024

Ranking school finances: Which districts are the healthiest in Lake County?

Highschool07

Deerfield School District 109, Bannockburn School District 106 and Aptakisic Tripp Community Consolidated School District 102 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.

Lake County school districts financial health

Rank
District
County
Score
Designation
1
Deerfield School District 109
Lake
4.0
Recognition
2
Bannockburn School District 106
Lake
4.0
Recognition
3
Aptakisic Tripp Community Consolidated School District 102
Lake
4.0
Recognition
4
North Shore School District 112
Lake
4.0
Recognition
5
Grass Lake School District 36
Lake
4.0
Recognition
6
Kildeer Countryside Community Consolidated School District 96
Lake
4.0
Recognition
7
Rondout School District 72
Lake
4.0
Recognition
8
Lake Zurich Community Unit School District 95
Lake
4.0
Recognition
9
Antioch Community Consolidated School District 34
Lake
4.0
Recognition
10
Vernon Hills Community High School District 128
Lake
4.0
Recognition
11
Grant Community High School District 124
Lake
4.0
Recognition
12
Diamond Lake School District 76
Lake
4.0
Recognition
13
Lake Villa Community Consolidated School District 41
Lake
4.0
Recognition
14
Adlai E Stevenson High School District 125
Lake
4.0
Recognition
15
Lincolnshire Prairie View School District 103
Lake
4.0
Recognition
16
Community High School District 117
Lake
4.0
Recognition
17
Mundelein Elementary School District 75
Lake
3.9
Recognition
18
Highland Park Township High School District 113
Lake
3.9
Recognition
19
Zion-Benton Township High School District 126
Lake
3.9
Recognition
20
Mundelein Consolidated High School District 120
Lake
3.9
Recognition
21
Fremont School District 79
Lake
3.9
Recognition
22
Barrington Community Unit School District 220
Lake
3.9
Recognition
23
Woodland Community Consolidated School District 50
Livingston
3.9
Recognition
24
Wauconda Community Unit School District 118
Lake
3.8
Recognition
25
Woodland Community Consolidated School District 50
Lake
3.8
Recognition
26
Lake Bluff Elementary School District 65
Lake
3.8
Recognition
27
Winthrop Harbor School District 1
Lake
3.7
Recognition
28
Gurnee School District 56
Lake
3.7
Recognition
29
Emmons School District 33
Lake
3.7
Recognition
30
Libertyville District 70
Lake
3.65
Recognition
31
Lake Forest Community High School District 115
Lake
3.65
Recognition
32
Round Lake Community Unit School District 116
Lake
3.6
Recognition
33
Big Hollow School District 38
Lake
3.6
Recognition
34
Beach Park Community Consolidated School District 3
Lake
3.55
Recognition
35
Hawthorn Community Consolidated School District 73
Lake
3.55
Recognition
36
Grayslake Community High School District 127
Lake
3.45
Review
37
Fox Lake Grade School District 114
Lake
3.45
Review
38
Oak Grove School District 68
Lake
3.35
Review
39
Warren Township High School District 121
Lake
3.35
Review
40
Lake Forest School District 67
Lake
3.3
Review
41
Grayslake Community Consolidated School District 46
Lake
3.25
Review
42
Waukegan Community Unit School District 60
Lake
3.25
Review
43
Zion Elementary School District 6
Lake
3.25
Review
44
North Chicago School District 187
Lake
3.25
Review
45
Gavin School District 37
Lake
3.1
Review
46
Oak Grove School District 68
Lake
2.85
Early
47
Millburn Community Consolidated School District 24
Lake
2.55
Watch

ORGANIZATIONS IN THIS STORY

Gavin School District 37 BoardBeach Park Community Consolidated School District 3 BoardNorth Chicago School District 187Grant Community High School District 124Zion-Benton Township High School District 126 BoardWaukegan Community Unit School District 60Kildeer Countryside Community Consolidated School District 96 BoardBig Hollow School District 38 BoardVernon Hills Community High School District 128Lincolnshire Prairie View School District 103Adlai E. Stevenson High School District 125Grass Lake School District 36 BoardDeerfield School District 109Emmons School District 33Fox Lake Grade School District 114Rondout School District 72Aptakisic-Tripp Community Consolidated School District BoardNorth Shore School District 112Lake Bluff Elementary School District 65Wauconda Community Unit School District 118 BoardMillburn Community Consolidated School District 24Mundelein Consolidated High School District 120Oak Grove School District 68Lake Forest Community High School District 115Lake Villa Community Consolidated School District 41Antioch Community Consolidated School District 34 BoardFremont School District 79Diamond Lake School District 76 BoardMundelein Elementary School District 75Gurnee School District 56Grayslake Community High School District 127Hawthorn Community Consolidated School District 73 BoardBannockburn School District 106Round Lake Community Unit School District 116 BoardWinthrop Harbor School District 1 BoardGrayslake Consolidated Community School District 46 BoardLake Zurich Community Unit School District 95 BoardLake Forest School District 67Zion Elementary School District 6 BoardLibertyville School District 70 BoardWoodland Community Consolidated School District 50Warren Township High School District 121Community High School District 117Township High School District 113 BoardBarrington Community Unit School District 220

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