Eye on Education: ISBE 'Financial Recognition' list

According to an article from the DuPage Policy Journal, District 88 has been placed on the Illinois State Board of Education’s “Financial Recognition” list. According to the article, “ISBE rates school districts on their fund balance and expenditure-to-revenue ratios, days of cash on hand and percentage of remaining short- and long-term borrowing ability. Of Illinois' 857 school districts, 568, or 66 percent, earned the state's "Financial Recognition" designation, suggesting they are fiscally sound.

To read the full write-up, go to http://tinyurl.com/h3xvdrx.