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Audits & Financial Healthi

FACNCES

7

Districts

6/6

Clean Audits

7/7

Healthy

Financial health scores and federal audit results for school districts serving your community.

What are school district audits & financial profiles?

Single Audits are required by federal law for any organization spending $1M+ in federal awards. An independent auditor reviews financial statements and compliance with federal program requirements.

An unmodified (clean) opinion means no significant issues were found. A material weakness indicates a serious gap in financial controls that could lead to misstatement of financial reports.

Financial Profile evaluates each school district on five financial indicators — fund balance, spending patterns, cash reserves, and debt levels — assigning a score from 1.00 to 4.00 and a designation:

Recognition: Strong financial position (3.50-4.00)

Review: Adequate financial position (2.50-3.49)

Early Warning: Potential concerns (1.50-2.49)

Watch: Significant concerns (1.00-1.49)

Sources: FACNCES

Financial Healthi

Arlington Heights SD 25Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.80 / 4.0

Better than 36% of districts statewide

Glenbrook HSD 225Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.65 / 4.0

Better than 20% of districts statewide

Prospect Heights SD 23Adequate

Adequate financial position — meets minimum standards

Financial Profile Score3.10 / 4.0

Better than 3% of districts statewide

River Trails SD 26Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.80 / 4.0

Better than 36% of districts statewide

Township HSD 214Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score4.00 / 4.0

Better than 66% of districts statewide

West Northfield SD 31Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.65 / 4.0

Better than 20% of districts statewide

Wheeling CCSD 21Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.80 / 4.0

Better than 36% of districts statewide

Audit Opinionsi

Prospect Heights SD 23Clean

Most recent audit found no significant issues. Clean audits in 12 of 10 years (120%).

Clean years

12 of 10

Total audits

12

Arlington Heights SD 25Clean

Most recent audit found no significant issues. Clean audits in 9 of 10 years (90%).

Clean years

9 of 10

Total audits

10

River Trails SD 26Clean

Most recent audit found no significant issues. Clean audits in 10 of 10 years (100%).

Clean years

10 of 10

Total audits

10

West Northfield SD 31Clean

Most recent audit found no significant issues. Clean audits in 50 of 10 years (500%).

Clean years

50 of 10

Total audits

50

Township HSD 214Clean

Most recent audit found no significant issues. Clean audits in 32 of 10 years (320%).

Clean years

32 of 10

Total audits

32

Glenbrook HSD 225Clean

Most recent audit found no significant issues. Clean audits in 3 of 3 years (100%).

Clean years

3 of 3

Total audits

3

Audit Timelinei

Prospect Heights SD 23

2025Clean
Evans, Marshall and Pease, P.C.PDF
2025Clean
Evans, Marshall and Pease, PCPDF

Arlington Heights SD 25

2025Clean
Baker Tilly US, LLPPDF
2024Clean
Baker TillyPDF

River Trails SD 26

2025Clean
Baker Tilly US, LLPPDF
2024Clean
Baker Tilly US, LLPPDF

West Northfield SD 31

2025Clean6 findings
BRADY MARTZPDF
2025Clean
Heinfeld, Meech & Co., P.C.PDF

Township HSD 214

2025Clean
Baker TillyPDF
2025Clean
Heinfeld, Meech & Co., P.C.PDF

Glenbrook HSD 225

2025Clean
LAUTERBACH & AMEN LLPPDF
2024Clean
LAUTERBACH & AMEN LLPPDF

Statewide Context

Audit Results

69.9% of statewide districts received clean audit opinions

116 total material weaknesses statewide

Financial Health Distribution

Recognition: 730 (yours)
Review: 85 (yours)
Early Warning: 16
Watch: 10

Statewide median score: 3.9

Showing most recent audit per district. Full audit history available with a paid plan. View plans →