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Prospect Heights School District 23
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Illinois
County
Cook County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Prospect Heights School District 23 show a net position of $3.1M, with assets outpacing liabilities. The financial position includes $12.3M in total assets offset by $426.8K in liabilities, reflecting a solid financial foundation at a 28.78 ratio. Fiscal operations produced a negative result, with $38.0M in expenditures against $34.6M in revenues, creating a deficit of $3.4M. The -9.8% margin reflects substantial fiscal imbalance. All metrics are calculated using Total Governmental Funds data.