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Audits & Financial Healthi

FACNCES

3

Districts

3/3

Clean Audits

3/3

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

DuPage HSD 88Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score4.00 / 4.0

Better than 66% of districts statewide

SD 45 DuPage CountyAdequate

Adequate financial position — meets minimum standards

Financial Profile Score3.45 / 4.0

Better than 9% of districts statewide

Salt Creek SD 48Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score4.00 / 4.0

Better than 66% of districts statewide

Audit Opinionsi

SD 45 DuPage CountyClean

Most recent audit found no significant issues. Clean audits in 29 of 10 years (290%).

Clean years

29 of 10

Total audits

29

Salt Creek SD 48Clean

Most recent audit found no significant issues. Clean audits in 14 of 10 years (140%).

Clean years

14 of 10

Total audits

17

DuPage HSD 88Clean

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

Clean years

10 of 10

Total audits

10

Audit Timelinei

SD 45 DuPage County

2025Clean
LAUTERBACH & AMEN LLPPDF
2025Clean
Advisent Assurance, LLPPDF

Salt Creek SD 48

2025Clean
Heinfeld, Meech & Co., P.C.PDF
2024Adverse
Wermer, Rogers, Doran & Ruzon, LLCPDF

DuPage HSD 88

2025Clean
Lauterbach & Amen, LLPPDF
2024Clean
Lauterbach & AmenPDF

Statewide Context

Audit Results

69.3% of statewide districts received clean audit opinions

115 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 →