Thursday, March 28, 2013

Schools in good health

Fremont Township Schools have been able to balance their books unlike other schools in Illinois.  The numbers from the chart below come from the Illinois State Board of Education.  Many other schools in the comment column are listed as "watch, early warning, or review".


Lake County District


                                                        FBRR   EXRV DCOH
   STB     LTD         Total Score       Comments

Mundelein Cons HSD 120    2012    1.40
    1.40     0.40     0.40     0.40             4.00               Recognition
                                             2011    1.05
    1.40     0.40     0.40     0.40             3.65               Recognition

Mundelein ESD 75              2012    1.40
     1.40     0.40     0.40     0.30             3.90               Recognition
                                            2011    1.40
    1.40     0.40     0.40     0.30             3.90               Recognition

Fremont SD 79                   2012    1.40
    1.05     0.40     0.40     0.30             3.55               Recognition
                                           2011    1.40
    1.40     0.40     0.40     0.30             3.90               Recognition


FBRR - Fund Balance/Revenue Ratio - Weighting of 35%, EXRV - Expenditures/Revenue Ratio - Weighting of 35%, DCOH - Days Cash on Hand - Weighting of 10%, STB - Short-Term  Borrowing - Weighting of 10%, and LTD - Long-Term Debt - Weighting of 10%

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