Look at these statistics that Huntley School District 158 web site (click to enlarge):
The Johnsburg Unit School District was about the same as Huntley’s unit district.
Some other schools are much worse off.
Nippersink up the Richmond-Spring Grove area had a negative balance of 5%.
Cary had a 2% “surplus.”
Marengo’s Grade School district was at 13%.
Some districts have balances that are obscene.
Almost two year’s spending in the bank—Marengo High School District 156.
How do they get away with that?
Richmond-Burton High School District 157—almost a full year’s budget in the bank.
Crystal Lake High School District 155—over three-quarters of a year’s spending.
McHenry High School District 156—almost three-quarters of a year’s budget.
Sounds like too much to me.
The following school districts had reserves above 60% of what they spend:
- Crystal Lake Grade School District 47 (62%)
- Fox River Grove Grade School District 3 (61%)
- Wonder Lake’s Harrison Grade School District 36 (69%)
- Woodstock School District 200 (69%)
Prairie Grove Grade School District 46 has 55%.
At 50% was McHenry Grade School District 15.
Harvard’s Unit School District 50 had 45%.
Noting that high schools tend to have the highest fund balances, I would observe that the State Aid to Education formula was written by high school teacher and State Representative Gene Hoffman.