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.
West Suburbs school districts financial health
Rank
District
County
Score
Designation
1
Lagrange Highlands School District 106
Cook
4.0
Recognition
2
Riverside School District 96
Cook
4.0
Recognition
3
Pleasantdale School District 107
Cook
4.0
Recognition
4
Central Stickney School District 110
Cook
4.0
Recognition
5
Hillside School District 93
Cook
4.0
Recognition
6
Lyons Township High School District 204
Cook
4.0
Recognition
7
Oak Park-River Forest School District 200
Cook
4.0
Recognition
8
Berwyn North School District 98
Cook
4.0
Recognition
9
Proviso Township High School District 209
Cook
3.9
Recognition
10
Berkeley School District 87
Cook
3.9
Recognition
11
Brookfield LaGrange Park School District 95
Cook
3.9
Recognition
12
Lindop School District 92
Cook
3.9
Recognition
13
Franklin Park School District 84
Cook
3.9
Recognition
14
River Forest Public Schools District 90
Cook
3.9
Recognition
15
Lyons School District 103
Cook
3.8
Recognition
16
La Grange School District 105 South
Cook
3.8
Recognition
17
Westchester School District 92.5
Cook
3.8
Recognition
18
Leyden Community High School District 212
Cook
3.8
Recognition
19
Maywood Melrose Park Broadview School District 89
Cook
3.7
Recognition
20
Mannheim School District 83
Cook
3.7
Recognition
21
Schiller Park School District 81
Cook
3.7
Recognition
22
Morton High School District 201
Cook
3.7
Recognition
23
Riverside Brookfield Township School District 208
Cook
3.7
Recognition
24
Forest Park School District 91
Cook
3.65
Recognition
25
Rhodes School District 84-5
Cook
3.55
Recognition
26
Elmwood Park Community Unit School District 401
Cook
3.45
Review
27
Western Springs School District 101
Cook
3.45
Review
28
Cicero School District 99
Cook
3.35
Review
29
Komarek School District 94
Cook
3.35
Review
30
Hinsdale Township High School District 86
Dupage
3.3
Review
31
Berwyn South School District 100
Cook
3.25
Review
32
River Grove School District 85.5
Cook
3.1
Review
33
Oak Park Elementary School District 97
Cook
3.1
Review
34
Bellwood School District 88
Cook
2.45
Watch
35
La Grange School District 102
Cook
2.45
Watch
ORGANIZATIONS IN THIS STORY
Westchester School District 92-5 Board• Berwyn North School District 98• Franklin Park School District 84• Schiller Park School District 81• Forest Park School District 91• Maywood-Melrose Park-Broadview School District 89• La Grange School District 105 South• J. Sterling Morton High School District 201• La Grange Highlands School District 106• Elmwood Park Community Unit School District 401• Komarek School District 94• Lyons School District 103• River Grove School District 85-5• Bellwood School District 88• Riverside School District 96• Leyden Community High School District 212• Berwyn South School District 100 Board• Berkeley School District 87 Board• Cicero School District 99 Board• Lindop School District 92• Hillside School District 93 Board• Lyons Township High School District 204 Board• Proviso Township High School District 209• La Grange School District 102• Oak Park - River Forest School District 200 Board• Rhodes School District 84-5• Hinsdale Township High School District 86• Mannheim School District 83 Board• Pleasantdale School District 107 Board• Western Springs School District 101• Oak Park Elementary School District 97 Board• Riverside Brookfield High School District 208 Board• Brookfield School District 95 Board• River Forest Public Schools District 90
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