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School finance watch list expands.

Publication: Daily Herald (Arlington Heights, IL)
Publication Date: 20-FEB-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: School finance watch list expands.(News)

Article Excerpt
Byline: James Fuller Daily Herald Staff Writer

The number of school districts labeled financially troubled will increase exponentially this spring and bring more state oversight than ever before.

The State Board of Education expects to tag about 250 of the state's 893 school districts financially troubled. Only a total of 11 districts now get that designation.

Four districts from the relatively affluent Northwest suburbs will make the list, joining poorer districts across the state.

Barrington Unit District 220, Stevenson High School District 125, Wheeling Township Elementary District 21 and Palatine Township Elementary District 15 all place in the two poorest financial categories based on their 2001 Annual Financial Report. They all face the possibility of being taken over by the state if they continue to slip.

The districts aren't doing anything different today than last year - the state is just shining a brighter light on the numbers.

Northwest suburban school officials say that light won't reveal anything new to them.

The...

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