East Central Reporter

East Central Reporter

Friday, December 6, 2019

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

Schools

By East Central Reporter Reports | Mar 29, 2018

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Marshall Community Unit School District 2C, Arcola Community Unified School District 306 and Kansas Community Unit School District 3 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.

East Central Illinois school districts financial health

Rank
District
County
Score
Designation
1
Marshall Community Unit School District 2C
Clark
4.0
Recognition
2
Arcola Community Unified School District 306
Douglas
4.0
Recognition
3
Kansas Community Unit School District 3
Edgar
4.0
Recognition
4
Shiloh Community Unit School District 1
Edgar
4.0
Recognition
5
Teutopolis Community Unit School District 50
Effingham
4.0
Recognition
6
Beecher City Community Unit School District 20
Effingham
4.0
Recognition
7
North Clay Community Unit School District 25
Clay
3.9
Recognition
8
Clay City Community Unit School District 10
Clay
3.9
Recognition
9
Oakland Community Unit School District 5
Coles
3.9
Recognition
10
Charleston Community Unit School District No.1
Coles
3.9
Recognition
11
Hutsonville Cusd #1
Crawford
3.9
Recognition
12
Robinson Community Unit School District 2
Crawford
3.9
Recognition
13
Tuscola Community Unit School District 301
Douglas
3.9
Recognition
14
Arthur Community Unified School District 305
Douglas
3.9
Recognition
15
Edgar County Community Unit School District 6
Edgar
3.9
Recognition
16
Dieterich Community Unit School District 30
Effingham
3.9
Recognition
17
Stewardson Strasburg Community Unit School District 5A
Shelby
3.9
Recognition
18
Cowden Herrick Community Unit School District 3A
Shelby
3.9
Recognition
19
Shelbyville Community Unit School District 4
Shelby
3.9
Recognition
20
Martinsville Community Unit School District 3C
Clark
3.8
Recognition
21
Palestine Community Unit School District 3
Crawford
3.8
Recognition
22
Cumberland Community Unit School District 77
Cumberland
3.8
Recognition
23
Neoga Community Unit School District 3
Cumberland
3.8
Recognition
24
Paris Community Unit School District 4
Edgar
3.8
Recognition
25
Casey Westfield Community Unit School District 4C
Clark
3.7
Recognition
26
Flora Community Unit School District 35
Clay
3.7
Recognition
27
Paris Union School District 95
Edgar
3.7
Recognition
28
Richland County Community Unit School District 1
Richland
3.7
Recognition
29
Villa Grove Community Unit School District 302
Douglas
3.65
Recognition
30
Effingham Community Unit School District 40
Effingham
3.65
Recognition
31
Windsor Community Unified School District 1
Shelby
3.65
Recognition
32
Oblong Community Unit School District 4
Crawford
3.45
Review
33
Mattoon Community Unit School District 2
Coles
3.35
Review
34
Jasper County Community Unit School District 1
Jasper
3.35
Review
35
Red Hill Community Unit School District 10
Lawrence
3.35
Review
36
Altamont Community Unit School District 10
Effingham
3.15
Review
37
Lawrence County Community Unit School District 20
Lawrence
3.15
Review

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Organizations in this Story

Oakland Community Unit School District 5Martinsville Community Unit School District 3CNeoga Community Unit School District 3Casey Westfield Community Unit School District 4CStewardson-Strasburg Community Unit School District 5ATeutopolis Community Unit School District 50Villa Grove Community Unit School District 302Palestine Community Unit School District 3Richland County Community Unit School District 1Flora Community Unit School District 35Kansas Community Unit School District 3Cumberland Community Unit School District 77Dieterich Community Unit School District 30Oblong Community Unit School District 4Shiloh Community Unit School District 1Red Hill Community Unit School District 10Tuscola Community Unit School District 301Windsor Community Unified School District 1Paris Union School District 95Arthur Community Unified School District 305Lawrence County Community Unit School District 20Shelbyville Community Unit School District 4Paris Community Unit School District 4Edgar County Community Unit School District 6Hutsonville Cusd #1Clay City Community Unit School District 10Altamont Community Unit School District 10Mattoon Community Unit School District 2North Clay Community Unit School District 25Robinson Community Unit School District 2Charleston Community Unit School District 1Jasper County Community Unit School District 1Effingham Community Unit School District 40Cowden-Herrick Community Unit School District 3ABeecher Community Unit School District 200U (merged)Arcola Community Unified School District 306

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