Financial Information and Reporting
Financial Information
Since the 2015-2016 school year and subsequent deficit reduction plan, the Bethalto School District has made financial progress.
Financial Profile Score
This indicator is a measure of a school district's financial risk, as determined by the Illinois State Board of Education. The district's Financial Profile Score has increased from a 2.45 - Financial Watch (highest financial risk) to a 3.70 - Financial Recognition (highest financial strength).
This indicator is a measure of a school district's financial risk, as determined by the Illinois State Board of Education. The district's Financial Profile Score has increased from a 2.45 - Financial Watch (highest financial risk) to a 3.70 - Financial Recognition (highest financial strength).
Days Cash on Hand
This indicator provides a projected estimate of the number of days a district could meet operating expenditures provided no additional revenues were received. The district's days cash on hand has increased from 23 days (not enough to cover one month's worth of expenditures) to 167 days.
This indicator provides a projected estimate of the number of days a district could meet operating expenditures provided no additional revenues were received. The district's days cash on hand has increased from 23 days (not enough to cover one month's worth of expenditures) to 167 days.
Fund Balance to Revenue Ratio
This indicator reflects the financial strength of the district by dividing the ending fund balances by the revenues for the four operating
and negative IMRF/SS funds. This district's fund balance and revenue ratio has grown from a low of 0.080 (8%) to a much more stable financial footing of 0.450 (45%).
This indicator reflects the financial strength of the district by dividing the ending fund balances by the revenues for the four operating
and negative IMRF/SS funds. This district's fund balance and revenue ratio has grown from a low of 0.080 (8%) to a much more stable financial footing of 0.450 (45%).
Surplus/(Deficit) - Operating Funds
This graph shows whether or not the district's expenditures exceeded its revenues, a measure of a balanced or unbalanced budget. Following significant deficit spending of $1.4 million, the district has ended the past five fiscal years with balanced budgets.
This graph shows whether or not the district's expenditures exceeded its revenues, a measure of a balanced or unbalanced budget. Following significant deficit spending of $1.4 million, the district has ended the past five fiscal years with balanced budgets.
Operating Tax Rate
This graph shows the operating tax rate of the district. After a necessary increase to address the district's financial situation, the district has allowed the tax rate to decrease each year.
This graph shows the operating tax rate of the district. After a necessary increase to address the district's financial situation, the district has allowed the tax rate to decrease each year.
Financial Reporting - Current Documents
Financial Reporting - Previous Documents
Contact Information
Barrett Deist, Ed.D.
Director of Finance & Operations, CSBO
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
bdeist@bethalto.org
Heather Pinter
Treasurer/Bookkeeper
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
hpinter@bethalto.org
Jennifer Seals
Accounts Payable
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
jseals@bethalto.org
Director of Finance & Operations, CSBO
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
bdeist@bethalto.org
Heather Pinter
Treasurer/Bookkeeper
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
hpinter@bethalto.org
Jennifer Seals
Accounts Payable
Bethalto Community Unit School District No. 8
101 School Street
Bethalto, IL 62010
(618) 377-7200
jseals@bethalto.org