Pennoyer Receives Financial Recognition Status

Pennoyer Receives Financial Recognition Status

The Illinois State Board of Education has awarded Pennoyer School with a 3.8 out of 4.0 rating for Pennoyer's state financial profile.  Several factors are taken into consideration: Fund Balance to Revenue Ratio, Expenditure to Revenue Ratio, Days Cash on Hand, Percent of Short-Term Borrowing Ability Remaining, Percent of Long-Term Debt Margin Remaining.