South Central Reporter

School districts across Clinton County held a combined $34.2 million in long-term outstanding debt as of fiscal year 2024, amounting to 28.9% of the area’s total allowable borrowing capacity, according to the Illinois State Board of Education.

Under Illinois law, districts may only borrow up to a certain limit based on their Equalized Assessed Value (EAV)—a standardized measure of taxable property used to determine legal debt caps.

Based on the school district's enrollment of 4,767 students, the countywide debt translates to approximately $7,168 per student as of fiscal year 2024.

The county includes 10 school districts, of which Carlyle Community Unit School District 1 held the most debt, totaling $9.7 million.

Carlyle Community Unit School District 1 ranked 312th statewide among all 851 Illinois districts reporting outstanding debt.

Among the school districts in Clinton County, Aviston School District 21 used the highest percentage of its EAV-based debt limit at 7.3%, holding $6.6 million in outstanding debt with 445 students enrolled—approximately $14,836 per student. Germantown School District 60 ranked second, using 7% of its borrowing capacity with $3.7 million in long-term debt and an enrollment of 246— $14,902 per student.

Countywide, students identifying as white comprised the largest ethnic group in Clinton County schools, accounting for 95.2% of the total enrollment. The second-largest ethnic group was Hispanic, comprising 5.7% of the student body.

The data was obtained by Wirepoints through a Freedom of Information Act request to the Illinois State Board of Education.

Illinois has enacted a law that changes the amount of debt school districts can issue. According to an analysis by Chapman, the new rules permit school districts to borrow more money than previously allowed. At the same time, the law modifies limits on property tax extensions that fund this debt. As a result, if districts take on more debt, local property taxes could increase to cover the additional costs.

The Illinois State Board of Education’s budget for fiscal year 2026 will increase from nearly $10.8 billion to about $11.2 billion. This includes a $307 million boost for K–12 schools, marking the smallest annual increase since 2020.

The agency has paused about $50 million in funding previously allocated through the Evidence-Based Funding formula for the Property Tax Relief Grant while reviewing its impact on local tax relief. Officials say the pause could affect the timing and amount of property tax relief available to taxpayers.

The annual reporting aims to increase transparency and accountability around school debt. Future reports will include 15 years of historical data, allowing residents to track long-term financial trends.

County Rank	State Rank	School District	Outstanding Debt	Percentage of Debt Limit Used	Percentage of EAV Used	Enrollment
1	312	Carlyle Community Unit School District 1	$9,740,000	34.2%	4.7%	926
2	379	Aviston School District 21	$6,601,900	106.4%	7.3%	445
3	385	Central Community High School District 71	$6,465,000	19.5%	1.3%	627
4	414	Wesclin Community Unit School District 3	$5,511,004	21%	2.9%	1,307
5	494	Germantown School District 60	$3,665,964	101.5%	7%	246
6	637	Breese School District 12	$1,074,000	7.8%	0.5%	593
7	655	Bartelso School District 57	$795,000	31%	2.1%	184
8	737	Willow Grove School District 46	$161,678	12.8%	0.9%	148
9	752	Albers School District 63	$86,084	3.8%	0.3%	161
10	756	North Wamac School District 186	$68,000	8.8%	0.6%	130