1. States
  2. /Illinois
  3. /Lake County
  4. /Round Lake Beach
MyTownView — local government intelligence platformMyTownView

Civic intelligence for your community. Every meeting. Every permit. Every decision.

Platform

Villa ParkBlogRequest Your Town

Company

AboutContact

Follow Us

FacebookInstagram

Legal

Privacy PolicyTerms & Conditions

© 2026 JCAR Development. All rights reserved.

MyTownView
MyTownViewMyTownView
Browse TownsBlogAboutContactRequest a Town

Your assigned district depends on your home address within town.

Showing latest fiscal year. Full funding history available with a paid plan. View plans →

School Funding — FY2026i

Source

Illinois uses Evidence-Based Funding to determine whether your school districts have enough money. Here's where they stand.

What is Evidence-Based Funding?

Illinois' Evidence-Based Funding (EBF) formula, enacted in 2017, calculates an Adequacy Target for each district — the estimated cost to provide an adequate education. It then compares each district's available resources to that target.

Districts are assigned to Tiers 1-4 based on their percentage of adequacy. Tier 1 districts (most underfunded) receive the largest share of new state funding.

Tier 1: Below 60% of adequacy

Tier 2: 60% to below 90% of adequacy

Tier 3: 90% to below 100% of adequacy

Tier 4: At or above 100% of adequacy

Source: ISBE Evidence-Based Funding

Avg % of Adequacyi

74.3%

Adequacy Gapi

$72.7M

Funding vs. Needi

ROUND LAKE AREA SCHS - DIST 11675.38%
$90.8M funded$120.5M target
GRAYSLAKE C C SCHOOL DISTRICT 4671.6%
$38.9M funded$54.4M target
GRAYSLAKE COMM HIGH SCH DIST 12778.79%
$34.2M funded$43.4M target
LAKE VILLA C C SCHOOL DIST 4173.75%
$26.2M funded$35.6M target
GRANT COMM H S DISTRICT 12470.48%
$21.6M funded$30.6M target

District Detail

ROUND LAKE AREA SCHS - DIST 116Tier 2
75.38% funded$29.7M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $120.5M to adequately educate all students in this district. The district currently has $90.8M in resources — that's 75.38% of what it needs. There's a $29.7M gap between what the district has and what it needs.

What it needsi

$120.5M

What it hasi

$90.8M

From the statei

$79.8M

This district is better funded than 31% of districts statewide.

GRAYSLAKE C C SCHOOL DISTRICT 46Tier 2
71.6% funded$15.4M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $54.4M to adequately educate all students in this district. The district currently has $38.9M in resources — that's 71.6% of what it needs. There's a $15.4M gap between what the district has and what it needs.

What it needsi

$54.4M

What it hasi

$38.9M

From the statei

$22.0M

This district is better funded than 16% of districts statewide.

GRAYSLAKE COMM HIGH SCH DIST 127Tier 2
78.79% funded$9.2M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $43.4M to adequately educate all students in this district. The district currently has $34.2M in resources — that's 78.79% of what it needs. There's a $9.2M gap between what the district has and what it needs.

What it needsi

$43.4M

What it hasi

$34.2M

From the statei

$18.1M

This district is better funded than 46% of districts statewide.

LAKE VILLA C C SCHOOL DIST 41Tier 2
73.75% funded$9.3M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $35.6M to adequately educate all students in this district. The district currently has $26.2M in resources — that's 73.75% of what it needs. There's a $9.3M gap between what the district has and what it needs.

What it needsi

$35.6M

What it hasi

$26.2M

From the statei

$11.0M

This district is better funded than 24% of districts statewide.

GRANT COMM H S DISTRICT 124Tier 2
70.48% funded$9.0M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $30.6M to adequately educate all students in this district. The district currently has $21.6M in resources — that's 70.48% of what it needs. There's a $9.0M gap between what the district has and what it needs.

What it needsi

$30.6M

What it hasi

$21.6M

From the statei

$9.1M

This district is better funded than 12% of districts statewide.

Statewide Tier Distributioni

Tier 1: 36
Tier 2: 579 (yours)
Tier 3: 96
Tier 4: 221