Financial Transparency

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.

Financial Recognition

Moody's Ratings: A1

Lincoln-Way Community High School District 210 is proud to announce that it has received the "Financial Recognition" designation from the Illinois State Board of Education for three years in a row.

As of April 2024, Moody’s has upgraded its rating from A2 to A1, providing continued evidence that the district has stabilized its finances. 

ISBE Financial Profile

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:  

  1. Fund balance to revenue ratio 

  1. Expenditure to revenue ratio 

  1. Days cash on hand 

  1. Percent of short-term borrowing ability remaining  

  1. Percent of long-term debt margin remaining 

ISBE Financial Profile Designations

  • 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. 

LW210's Financial Health Over Time

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