Pursuant to Section 1A-8 of the School Code, ISBE is required to monitor finances and identify school districts that are in or moving toward financial difficulty.
ISBE is requesting that each district superintendent review the accuracy of their respective score and designation. It is crucial that the district reviews and understands the score and designation process.
Districts that wish to include their story for their 2025 Financial Profile Score Report may do so in the comment box (maximum 500 characters) provided in IWAS. This is an opportunity for districts to explain significant financial circumstances. Any comments regarding the profile must be completed by June 15, 2025.
The Financial Profile Scores will be adjusted to include FY 2024 delayed Mandated Categorical payments and will subtract FY 2023 delayed Mandated Categorical payments. These reports will be posted on ISBE’s website at
School District Financial Profile after they are approved by the State Board.
Please note that your preliminary Financial Profile Score and your OEPP/PCTC report will not be listed in the IWAS system if ISBE has not received your FY 2024 AFR. If the auditor has recently submitted the FY 2024 AFR to ISBE, please allow a couple business days for the agency to process it. If you are still unable to view your reports, please contact a School Business Services consultant.
Additional information is also available in
IWAS. If you have any questions, please contact School Business Services at 217-785-8779.
