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Friday, April 26, 2024

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

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La Grange Highlands School District 106, Forest Park School District 91 and River Forest School District 90 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 Suburbs school districts financial health

Rank
District
County
Score
Designation
1
Hillside School District 93
Cook
4.0
Recognition
2
Central Stickney School District 110
Cook
4.0
Recognition
3
La Grange Highlands School District 106
Cook
4.0
Recognition
4
Forest Park School District 91
Cook
4.0
Recognition
5
River Forest School District 90
Cook
4.0
Recognition
6
Lyons Township High School District 204
Cook
4.0
Recognition
7
Rhodes School District 84-5
Cook
4.0
Recognition
8
Oak Park - River Forest School District 200
Cook
4.0
Recognition
9
Berwyn North School District 98
Cook
4.0
Recognition
10
Pleasantdale School District 107
Cook
4.0
Recognition
11
Riverside School District 96
Cook
4.0
Recognition
12
Gower School District 62
Dupage
4.0
Recognition
13
Westchester School District 92-5
Cook
3.9
Recognition
14
Oak Park Elementary School District 97
Cook
3.9
Recognition
15
Proviso Township High School District 209
Cook
3.9
Recognition
16
Lindop School District 92
Cook
3.9
Recognition
17
Berkeley School District 87
Cook
3.9
Recognition
18
Franklin Park School District 84
Cook
3.9
Recognition
19
Riverside Brookfield High School District 208
Cook
3.8
Recognition
20
La Grange School District 105 South
Cook
3.8
Recognition
21
Komarek School District 94
Cook
3.8
Recognition
22
Elmwood Park Community Unit School District 401
Cook
3.8
Recognition
23
River Grove School District 85.5
Cook
3.8
Recognition
24
Brookfield LaGrange Park School District 95
Cook
3.7
Recognition
25
Schiller Park School District 81
Cook
3.7
Recognition
26
J. Sterling Morton High School District 201
Cook
3.7
Recognition
27
Cicero School District 99
Cook
3.7
Recognition
28
Mannheim School District 83
Cook
3.7
Recognition
29
Bellwood School District 88
Cook
3.6
Recognition
30
Berwyn South School District 100
Cook
3.6
Recognition
31
Western Springs School District 101
Cook
3.55
Recognition
32
Lyons School District 103
Cook
3.45
Review
33
Hinsdale Township High School District 86
Dupage
3.3
Review
34
La Grange School District 102
Cook
3.25
Review

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