Illinois School District Finances Improve

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SPRINGFIELD -  More school districts have earned a top financial rating from the Illinois State Board of Education this year. However many have done so through more borrowing. The ISBE Financial Report breaksdown the financial profile for all districts in the state categorizing them by scores with the lowest on financial watch. State Superintendent of Education Tony Smith says, " The 2016 Financial Profile data shows a positive trend in Illinois’ average score; however, this data point does not reflect the missed opportunities for our students resulting from the General Assembly cutting state education funding for many years.” He says more districts are expected to deficit spend this year unless the General Assembly fully funds General State Aid (GSA), which would end proration and provide districts much-needed financial relief.   

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