East Central Reporter

East Central Reporter

Tuesday, October 15, 2019

Shiloh CUSD 1 placed on financial "recognition" list by state board of education

Schools

By East Central Reporter Reports | Oct 18, 2018


The Illinois State Board of Education (ISBE) has placed Shiloh Community Unit School District 1 on its financial "recognition" list.

ISBE rates school districts on their fund balance and expenditure-to-revenue ratios, days of cash on hand, and percentage of remaining short- and long-term borrowing ability.

Of Illinois' 852 school districts, 640, or 75 percent, earned the state's "Financial Recognition" designation, suggesting they are fiscally sound.

The other 25 percent statewide, or 212 districts, received lower marks from ISBE, suggesting they need work:

147 (17 percent) are under "Financial Review"

43 (5 percent) were given an "Early Warning"

22 (3 percent) are under "Financial Watch"

In Edgar County, 5 of the county's 5 school districts (100 percent) earned the "Financial Recognition" designation.

ISBE's "School District Financial Profile" was first issued in 2003.

Want to get notified whenever we write about Shiloh Community Unit School District 1 ?

Sign-up Next time we write about Shiloh Community Unit School District 1, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Shiloh Community Unit School District 1

More News