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  2. /Illinois
  3. /McHenry County
  4. /Johnsburg

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Audits & Financial Healthi

FACNCES

3

Districts

1/3

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

Johnsburg CUSD 12Adequate

Adequate financial position — meets minimum standards

Financial Profile Score3.35 / 4.0

Better than 6% of districts statewide

McHenry CCSD 15Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score4.00 / 4.0

Better than 66% of districts statewide

McHenry CHSD 156Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.55 / 4.0

Better than 12% of districts statewide

Audit Opinionsi

Johnsburg CUSD 12Clean

Most recent audit found no significant issues. Clean audits in 11 of 10 years (110%).

Clean years

11 of 10

Total audits

11

McHenry CCSD 15Adverse

Most recent audit found serious concerns. Clean audits in 9 of 10 years (90%).

Clean years

9 of 10

Total audits

10

McHenry CHSD 156Adverse

Most recent audit found serious concerns. Clean audits in 10 of 10 years (100%).

Clean years

10 of 10

Total audits

10

Audit Timelinei

Johnsburg CUSD 12

2025Clean
EccezionPDF
2024Clean
EccezionPDF

McHenry CCSD 15

2025Adverse
EccezionPDF
2024Adverse11 findings
EccezionPDF

McHenry CHSD 156

2025Adverse
EccezionPDF
2024Adverse
EccezionPDF

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 →