Township High School District 214 taxpayers faced $20.5 million in outstanding school debt as of fiscal year 2024

Township High School District 214 taxpayers faced .5 million in outstanding school debt as of fiscal year 2024
Steven Isoye State Board of Education Chairperson — linkedin.com
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Township High School District 214 had $20.5 million in long-term school debt as of fiscal year 2024, according to the Illinois State Board of Education.

Based on the school district’s enrollment of 11,956 students in the 2023-24 school year, that debt amounts to approximately $171,323 per student.

White students made up the largest share of the student body at 50.6% (6,055), followed by Hispanic students at 34.7% as the second-largest group, with 4,151 students.

The school district, located in Cook County, ranked 173rd among Illinois school districts based on the total outstanding debt in the 2023-24 school year. That represents 2.6% of the district’s borrowing capacity, which is determined by its Equalized Assessed Value (EAV), the taxable property value that sets legal debt limits under state law.

The data was obtained by Wirepoints through a Freedom of Information Act request to the Illinois State Board of Education and covers 851 school districts.

School districts across Cook County had a combined outstanding debt of $12.5 billion as of fiscal year 2024.

The data was obtained by Wirepoints through a Freedom of Information Act request to the Illinois State Board of Education.

Illinois has enacted a law that changes the amount of debt school districts can issue. According to an analysis by Chapman, the new rules permit school districts to borrow more money than previously allowed. At the same time, the law modifies limits on property tax extensions that fund this debt. As a result, if districts take on more debt, local property taxes could increase to cover the additional costs.

The Illinois State Board of Education’s budget for fiscal year 2026 will increase from nearly $10.8 billion to about $11.2 billion. This includes a $307 million boost for K–12 schools, marking the smallest annual increase since 2020.

The agency has paused about $50 million in funding previously allocated through the Evidence-Based Funding formula for the Property Tax Relief Grant while reviewing its impact on local tax relief. Officials say the pause could affect the timing and amount of property tax relief available to taxpayers.

The annual reporting aims to increase transparency and accountability around school debt. Future reports will include 15 years of historical data, allowing residents to track long-term financial trends.

Top 100 Illinois School Districts With Highest Outstanding Debt in FY 2024
Rank School District County Outstanding Debt Debt Limit Used (%) Total Enrollment
1 Chicago Public School District 299 Cook $9,444,187,549 68.7% 321,668
2 Valley View Community Unit School District 365U Will $265,500,264 59.3% 14,660
3 Oswego Community Unit School District 308 Kendall $251,518,343 66.1% 16,696
4 Springfield School District 186 Sangamon $228,448,511 73.6% 12,849
5 Community Unit School District 300 Kane $222,362,048 32.2% 20,161
6 Champaign Community Unit School District 4 Champaign $212,701,151 51.1% 10,250
7 School District U-46 Kane $204,735,000 22.4% 33,948
8 Lincoln Way Community High School District 210 Will $199,574,931 57% 6,658
9 Elmhurst School District 205 DuPage $197,370,795 41.7% 8,285
10 Edwardsville Community Unit School District 7 Madison $187,131,572 68.2% 7,187
11 Rockford School District 205 Winnebago $154,642,382 36.7% 27,268
12 Maine Township High School District 207 Cook $151,240,000 34% 6,138
13 Cahokia Community Unit School District 187 St. Clair $151,005,000 1,201.9% 3,021
14 Palatine Community Consolidated School District 15 Cook $149,938,678 48.8% 11,109
15 Hinsdale Township High School District 86 DuPage $135,072,073 29.9% 3,774
16 New Trier Township High School District 203 Cook $134,870,368 28.7% 3,700
17 Downers Grove Grade School District 58 DuPage $132,978,397 56.2% 4,770
18 Crete-Monee Community Unit School District 201-U Will $129,334,456 112.6% 4,407
19 Lake Forest Community High School District 115 Lake $128,351,479 58.5% 1,366
20 Aurora East Unit School District 131 Kane $124,639,488 81.9% 12,080
21 Decatur School District 61 Macon $118,975,000 102.7% 7,757
22 New Lenox School District 122 Will $116,993,942 94.6% 4,971
23 Barrington Community Unit School District 220 Lake $115,755,211 25.6% 7,971
24 Peoria School District 150 Peoria $114,355,342 55.5% 12,661
25 Community High School District 99 DuPage $112,198,909 28.9% 4,630
26 DeKalb Community Unit School District 428 DeKalb $110,355,000 67% 6,538
27 Plainfield School District 202 Will $110,028,562 17.2% 24,554
28 Glenview Community Consolidated School District 34 Cook $109,731,954 52.3% 4,281
29 Township High School District 113 Lake $109,696,997 34% 3,060
30 Joliet Public School District 86 Will $108,885,000 117% 9,415
31 Evanston Community Consolidated School District 65 Cook $105,414,499 36.2% 6,193
32 Huntley Community School District 158 McHenry $104,480,749 41.2% 8,481
33 Manhattan School District 114 Will $95,649,117 321.3% 1,904
34 North Shore School District 112 Lake $95,564,674 51.8% 3,739
35 Quincy School District 172 Adams $91,938,638 57.9% 6,211
36 Woodland Community Consolidated School District 50 Lake $90,469,826 69.1% 4,511
37 Berkeley School District 87 Cook $87,446,797 176.9% 2,051
38 Wheeling Community Consolidated School District 21 Cook $86,576,040 51.5% 6,156
39 Arlington Heights School District 25 Cook $86,538,314 52.3% 5,266
40 Geneva Community Unit School District 304 Kane $85,790,000 35.6% 4,996
41 Aurora West Unit School District 129 Kane $81,462,697.06 28.6% 10,734
42 Leyden Community High School District 212 Cook $79,255,000 31.9% 3,522
43 Elmwood Park Community Unit School District 401 Cook $77,413,344 87% 2,830
44 Hawthorn Community Consolidated School District 73 Lake $76,938,819 69.7% 3,466
45 Galesburg Community Unit School District 205 Knox $75,690,000 101.8% 3,861
46 Sycamore Community Unit School District 427 DeKalb $75,440,939 71.8% 3,597
47 Warren Township High School District 121 Lake $73,589,797 42.6% 3,523
48 Joliet Township High School District 204 Will $70,352,853 24% 6,688
49 Lake Zurich Community Unit School District 95 Lake $69,650,000 26.1% 5,628
50 Glenbard Township High School District 87 DuPage $66,285,897 13.5% 7,606
51 J. Sterling Morton High School District 201 Cook $66,260,072 36.8% 7,870
52 Woodstock Community Unit School District 200 McHenry $65,689,604 40.1% 6,139
53 Aptakisic-Tripp Community Consolidated School District 102 Lake $63,309,886 85.6% 2,538
54 Indian Prairie School District 204 DuPage $61,350,655 6.5% 25,781
55 Proviso Township High School District 209 Cook $61,292,029 25.5% 4,125
56 Reavis Township High School District 220 Cook $59,190,000 58.5% 1,893
57 Hinsdale Community Consolidated School District 181 DuPage $58,065,065 27.4% 3,531
58 Mascoutah Community Unit School District 19 St. Clair $57,351,079 97.8% 4,177
59 McLean County Unit School District 5 McLean $57,136,138 14.3% 12,357
60 Belvidere Consolidated Unit School District 100 Boone $55,754,905 35.3% 7,407
61 Winnetka School District 36 Cook $54,417,468 45.6% 1,710
62 Kaneland Community Unit School District 302 Kane $54,314,060 36.1% 3,881
63 Burbank School District 111 Cook $54,235,000 71.6% 3,161
64 Highland Community Unit School District 5 Madison $51,667,484 70.5% 2,761
65 Williamsville Community Unit School District 15 Sangamon $51,243,032 139.4% 1,441
66 Villa Park School District 45 DuPage $50,840,000 54.9% 3,139
67 Mundelein Consolidated High School District 120 Lake $50,513,367 42.2% 2,241
68 Belleville Township High School District 201 St. Clair $50,292,863 36.5% 4,676
69 Bremen Community High School District 228 Cook $50,000,000 39% 4,854
70 Rochester Community Unit School District 3A Sangamon $49,550,000 111.5% 2,031
71 Jacksonville School District 117 Morgan $48,709,223 72.1% 3,094
72 LaSalle-Peru Township High School District 120 LaSalle $48,496,607 102.7% 1,167
73 Chicago Heights School District 170 Cook $48,300,000 216.8% 2,603
74 Alton Community Unit School District 11 Madison $47,555,240 37.3% 5,580
75 Cicero School District 99 Cook $46,889,358 62.5% 8,555
76 Schiller Park School District 81 Cook $46,297,353 134.7% 1,350
77 East Maine School District 63 Cook $45,849,510 45.3% 3,623
78 Hall High School District 502 Bureau $45,124,588 389.4% 407
79 DuPage High School District 88 DuPage $44,795,000 17.4% 3,715
80 Yorkville Community Unit School District 115 Kendall $44,670,000 25.2% 7,032
81 Freeport School District 145 Stephenson $44,619,920 83.8% 3,512
82 Rock Island School District 41 Rock Island $43,947,608 45.2% 6,124
83 Minooka Community Consolidated School District 201 Grundy $43,839,480 47.3% 4,418
84 Johnsburg Community Unit School District 12 McHenry $43,221,464 62.5% 1,668
85 Bloomington School District 87 McLean $42,930,000 31% 4,610
86 Community Unit School District 200 DuPage $41,334,334 7.7% 11,488
87 East Prairie School District 73 Cook $40,230,000 200.7% 524
88 Oak Park Elementary School District 97 Cook $40,170,052 24.6% 5,540
89 Matteson Elementary School District 162 Cook $39,486,806 111.9% 2,335
90 Adlai E. Stevenson High School District 125 Lake $39,156,680 14.3% 4,573
91 Maroa Forsyth Community Unit School District 2 Macon $38,837,000 107.9% 1,166
92 Skokie School District 69 Cook $38,560,011 98.8% 1,819
93 Bensenville School District 2 DuPage $38,531,000 67.2% 2,022
94 Fenton Community High School District 100 DuPage $38,310,000 36% 1,371
95 Northbrook/Glenview School District 30 Cook $37,952,442 51% 1,239
96 Argo Community High School District 217 Cook $37,210,000 51.7% 1,771
97 East Richland Community Unit School District 1 Richland $37,110,000 85.6% 2,166
98 McHenry Community High School District 156 McHenry $37,070,258 34.9% 2,177
99 Plano Community Unit School District 88 Kendall $36,954,545 76.5% 2,419
100 Northfield Township High School District 225 Cook $36,580,000 7.1% 5,030
173 Township High School District 214 Cook $20,483,429 2.6% 11,956


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