Annual Financial Reports/Financial Profiles

Each year, the Illinois State Board of Education (ISBE) publishes two reports that detail school districts' financial health. These include the Annual Financial Report (AFR) and Financial Profile.

Each school is required to file an Annual Financial Report with its Regional Office of Education/Intermediate Service Center and the Illinois State Board of Education. This report is generated after a district's annual audit.

The Financial Profile scores are derived from information contained in the Annual Financial Report and are based on five factors: Fund Balance-to-Revenue Ratio, Expenditure-to-Revenue Ratio, Days of Cash on Hand, Percentage of Remaining Short-Term Borrowing Ability, and Percentage of Remaining Long-Term Borrowing Ability.

Based on that data, school districts are classified within four financial designations lists: Financial Recognition, Financial Review, Financial Early Warning and Financial Watch. Financial Recognition is the highest category; the maximum score for a school district is 4.00.

Below, please find a chart with Lemont High School District 210's Annual Financial Reports, its Financial Profile scores, and its financial designation by ISBE.