SD427 District Dashboard

Fund balances

Fund Balance Trend, FY2016–FY2025

Governmental fund balances: the district's spendable-resources cushion.

ACFR modified accrual (as originally reported)

Total fund balanceUnassigned balance

• FY21 peak $38.7M — $19,755,000 bond issuance funded the facilities program.• FY22–23 spend-down of bond proceeds on the $19.8M facilities program.• FY26 (unaudited): operating fund balance "slightly under the 20% target" — reductions planned for the FY27 budget.

FY2025 total fund balance

$23,096,137

−$1.1M (−4.5%): salaries/benefits and special-education outplacement costs.

Unassigned (operational cushion)$6,076,723 (26.3%)

Board goalgoal source

June 30 fund balance "at or above 20%" while maintaining a balanced budget.

Show all ten years (with citations)

FY16$12,744,623

FY17$11,756,236

FY18$12,637,300

FY19$15,998,729

FY20$17,435,869

FY21$38,686,581

FY22$30,677,884

FY23$23,355,398

FY24$24,192,975

FY25$23,096,137

Fund Balances by Fund, FY2025

June 30, 2025 balances, all six governmental funds (General shown by account). Change notes from the ACFR's MD&A and combining statements.

General – Educational$2,056,242+$794,220

Added property taxes, EBF, grant revenue.

General – Operations & Maintenance$334,675−$81,767

Spending remainder of 2021 bond sale on capital projects.

General – Working Cash$4,641,258−$228,149

Funds not transferred out.

Transportation$5,965,802−$439,326

New bus purchases (aging fleet).

Debt Service$3,913,472+$417,047

Transfer in of $50,702 from O&M.

Municipal Retirement/Social Security$2,926,741+$250,475

Tax revenues exceeded retirement/Social Security costs.

Capital Projects$541,215$0

Unchanged — $417,319 transfer in matched project spending.

Fire Prevention and Safety$2,716,732−$1,809,338

Life-safety project spending outpaced the fund's small levy.

Reserve thresholds on record

≥ 20% fund balanceBoard goal floor, 2026-27 — June 30 fund balance at or above 20% while maintaining a balanced budgetsource
20% minimum reserveBoard policy 4:12 as adopted 2025-10-28 — a projected June 30 combined Education, Operations and Maintenance, Transportation and Working Cash fund balance of 20% of those funds' anticipated expenses is the minimum reserve; if reserves are projected to fall below it, the administration must present alternatives to restore balancessource
Over 10% drawdown requires a restore planBoard policy 4:12 — no proposed budget may reduce the combined Education, O&M, Transportation and Working Cash fund balance by more than 10% unless accompanied by a plan to restore future budgets to a balanced statesource
Five-year forecastBoard policy 4:12 — information and advice to the Board includes development of a five-year financial forecastsource
Policy 4:12 adopted 6-0Second reading approved 2025-10-28 with policies 2:150, 2:240, 4:20 and 7:30source
"Slightly under the 20% target"FY2026 year-end balance across five operating funds (Education, O&M, Transportation, Social Security, Working Cash), noted during the financial report to the Board (unaudited). Not the policy 4:12 four-fund basis.source

ISBE Financial Profile

The state's 1–4 score of district financial health, Data Year 2024.

Profile score

3.35

Review

Recognition starts at

3.54

Funding adequacy

76%

Improve the district's ISBE financial profile score

Board-adopted 2026-27 success metric: financial-profile “Recognition” status (approved 7-0, 2026-05-26)source

Score history, 2003–2024

Component	Weight	2023 to 2024	Max
Fund Balance to Revenue Ratio	35%source	1.4 to 1.05	1.40
Expenditures to Revenue Ratio	35%source	0.7 to 1.4	1.40
Days Cash on Hand	10%source	0.3 to 0.3	0.40
Short-Term Borrowing	10%source	0.4 to 0.4	0.40
Long-Term Debt	10%source	0.1 to 0.2	0.40

ISBE Financial Profile, 2025 publication (data year 2024 = FY2024 Annual Financial Report data)

Charts never mix accounting bases. Fund balances and levy/debt figures are ACFR (GAAP) modified-accrual, as originally reported. Budget figures are ISBE accrual. 2025 levy figures are primary-verified (county Tax Computation Report; adopted 6-0, 2025-11-25). Printed page N = PDF page N+6 for the FY2025 ACFR. FY2026 year-end figures are unaudited statements to the Board; the FY2026 ACFR is not yet published.