Carbondale Reporter

Carbondale Reporter

Thursday, November 21, 2019

Ranking school finances: Which districts are the healthiest in Carbondale?

Schools

By Local Labs News Service | May 6, 2019

Highschool07

Carbondale Community High School District 165, Giant City Community Consolidated School District 130 and Carbondale Elementary School District 95 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.

Carbondale school districts financial health

Rank
District
County
Score
Designation
1
Carbondale Community High School District 165
Jackson
4.0
Recognition
2
Giant City Community Consolidated School District 130
Jackson
3.9
Recognition
3
Carbondale Elementary School District 95
Jackson
3.9
Recognition
4
DeSoto Consolidated School District 86
Jackson
3.8
Recognition
5
Trico Community Unit School District 176
Jackson
3.8
Recognition
6
Johnston City Community Unit School District 1
Williamson
3.7
Recognition
7
Carterville Community Unit School District 5
Williamson
3.6
Recognition
8
Murphysboro Community Unit School District 186
Jackson
3.35
Review
9
Marion Community Unit School District 2
Williamson
3.35
Review
10
Crab Orchard Community Unit School District 3
Williamson
3.35
Review
11
Herrin Community Unit School District 4
Williamson
3.15
Review
12
Elverado Community Unit School District 196
Jackson
3.0
Early Warning
13
Unity Point School District 140
Jackson
2.9
Early Warning

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Organizations in this Story

Johnston City Community Unit School District 1Trico Community Unit School District 176Herrin Community Unit School District 4Carterville Community Unit School District 5Crab Orchard Community Unit School District 3Elverado Community Unit School District 196Giant City Community Consolidated School District 130DeSoto Consolidated School District 86Carbondale Community High School District 165Unity Point School District 140Carbondale Elementary School District 95Marion Community Unit School District 2Murphysboro Community Unit School District 186

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