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McHenry Times

Monday, November 25, 2024

Which McHenry County school districts benefit most from state pension subsidies?

Highschool089

CHSD 155 in Crystal Lake receives $724 per student from the state to fund pensions for public school teachers and administrators – the most in McHenry County, according to a Wirepoints analysis of Teacher Retirement System data.

At the bottom, Marengo-Union E Cons D 165 in Marengo receives $412 per student.

Wirepoints examined the system in which school districts pay salaries to teachers and administrators, but not pensions, which are funded by state tax dollars.

"It’s a scheme that allows districts to spend more money on salaries and perks than they otherwise would," Wirepoints reported. "Wealthy districts – like those on the North Shore – benefit far more from the state’s pension payments than poor districts do."

Almost 50 percent of what the state pays toward education has gone to teacher pensions in recent years, according to Wirepoints. Bigger pensions in wealthy districts means there’s less money to adequately fund districts with less property wealth.

CHSD 155, which relies on the state for 15 percent of its revenue and spends $15,021 per student, ranks 102 out of 848 districts for how much the state provides per student toward pensions.

Marengo-Union E Cons D 165 relies on the state for 20 percent of its revenue and spends $9,437 per student. It ranks 650th in the state.

The analysis shows Rondout SD 72 in Lake County received the biggest subsidy in the state and Earlville CUSD 9 in LaSalle County received the smallest subsidy.

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McHenry County districts receiving state-provided pension subsidies

DistrictCountyCityAverage daily attendancePercent of district revenue provided by the stateEAV (taxable property) per studentDistrict spending per student  State-provided pension subsidy per student* 
CHSD 155McHenryCrystal Lake5,94915%$398,149$15,021$724
Marengo CHSD 154McHenryMarengo65612%$439,249$17,302$649
McHenry CCSD 15McHenryMcHenry3,97116%$214,518$13,932$642
Richmond-Burton CHSD 157McHenryRichmond65213%$455,735$15,492$635
Prairie Grove CSD 46McHenryCrystal Lake7047%$295,010$15,437$630
McHenry CHSD 156McHenryMcHenry2,01316%$446,929$13,145$622
Nippersink SD 2McHenryRichmond1,0729%$277,223$12,419$602
Johnsburg CUSD 12McHenryJohnsburg1,80614%$168,551$12,599$600
Alden Hebron SD 19McHenryHebron37314%$187,868$12,872$576
Woodstock CUSD 200McHenryWoodstock6,05422%$118,773$12,900$553
Riley CCSD 18McHenryMarengo2937%$325,377$11,081$551
Fox River Grove Cons SD 3McHenryFox River Grove45415%$195,984$12,500$545
Crystal Lake CCSD 47McHenryCrystal Lake7,03514%$220,462$10,945$534
Harvard CUSD 50McHenryHarvard2,21940%$90,939$12,093$524
Cary CCSD 26McHenryCary2,22712%$234,021$10,230$470
Huntley Comm Sch Dist 158McHenryAlgonquin8,80826%$122,083$9,769$464
Harrison SD 36McHenryWonder Lake39424%$150,832$10,772$439
Marengo-Union E Cons D 165McHenryMarengo92920%$207,943$9,437$412
Source: Source: Illinois State Board of Education, ILEARN data 2016; Total earnings data received from a 2018 FOIA request to the Teachers' Retirement System; TRS actuarial report 2017; Wirepoints calculations

*Proxy of the pension subsidy provided to each school district. District subsidy is calculated by taking the TRS employer normal cost in 2017 ($871 million) and multiplying it by each district's share of TRS total employee earnings. To calculate the subsidy per student, each district's share is divided by their average daily attendance.

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