News

May 9, 2019
District 207 Earns Highest Financial Rating from State Board

Maine Township High School District 207 recently was informed it had once again earned the highest financial rating from the Illinois State Board of Education. District 207 earned a “recognition” status and a 4.0 score, the highest available.

The score is based on the following measures:

  • 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

 

If a district receives a score of 3.54 – 4.00, they are in the highest category of financial strength according to ISBE.