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The Lincoln-Way CHSD 210 Board of Education is committed to restoring and maintaining the financial health of the district. The information below shows the history of the district's financial status.
The Illinois State Board of Education (ISBE) evaluates school districts to assess the financial health of all school districts. The goal is to help the public gain a better understanding of where their district ranks in comparison to others. All of the amounts that comprise the calculation formula are derived from the ISBE Annual Financial Report, which is audited by the District's external auditors.
The ISBE Financial Profile is a tool used to analyze a school district’s financial health at one point in time as assessed by the following indicators:
Fund balance to revenue ratio
Expenditure to revenue ratio
Days cash on hand
Percent of short-term borrowing ability remaining
Percent of long-term debt margin remaining
Financial Recognition –– highest category of financial strength, requiring little or no review by ISBE. Score 3.54 – 4.00.
Financial Review –– ISBE will monitor for potential downward trends. Score 3.08 – 3.53.
Financial Early Warning –– ISBE will monitor closely and offer proactive technical assistance. Score 2.62 – 3.07.
Financial Watch –– greatest risk – district will be closely monitored by ISBE with the offer of technical assistance including, but not limited to, financial projections, cash flow analysis, budgeting, personnel inventories, and enrollment projections. Score 1.00 – 2.61.
For more information about the ISBE Financial Profile, click here.
Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Designation | Watch | Watch | Early Warning | Review | Review | Recognition |
Total Score | 2.00 | 2.35 | 2.80 | 3.15 | 3.15 | 3.70 |
Moody's Rating | Ba1 | Baa3 > Baa2 | Baa1 |
Fiscal year | 2022 | 2023 | 2024 | ||||
Designation | Recognition | Recognition | |||||
Total Score | 3.7 | 3.7 | |||||
Moody's Rating | A2 | A1 |