The Good News -- Round Lake Area Schools "Financial Recognition"

The good news from last night’s board meeting and a subject of a prior blog post was Round Lake Area Schools being awarded “Financial Recognition” by the Illinois State Board of Education for Financial Profile Designation. This is a huge announcement, capping a comeback of a 2.6 score and “Financial Watch” status in 2002 to a 3.6 score and “Financial Recognition” in 2006.

You can read more about the Financial Profile System in this pamphlet (PDF). This is great news for the district and a sign we are truly stabilized in finances. There’s still plenty of work to do though.