1. States
  2. /Illinois
  3. /Will County
  4. /Frankfort
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
Sign InSign Up

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

93.3%

Adequacy Gapi

$40.1M

Funding vs. Needi

LINCOLN WAY COMM H S DIST 21079.31%
$81.1M funded$102.3M target
CRETE MONEE C U SCHOOL DIST 201U76.05%
$53.0M funded$69.7M target
RICH TWP H S DISTRICT 22796.56%
$52.2M funded$54.0M target
FRANKFORT C C SCH DIST 157C103.15%
$35.8M funded$34.7M target
SUMMIT HILL SCHOOL DIST 161115.58%
$37.0M funded$32.0M target
ELEM SCHOOL DISTRICT 159130.57%
$32.6M funded$24.9M target
MOKENA SCHOOL DIST 15998.32%
$20.6M funded$21.0M target
PEOTONE C U SCH DIST 207U104.91%
$18.5M funded$17.6M target

District Detail

LINCOLN WAY COMM H S DIST 210Tier 2
79.31% funded$21.2M gap

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

The state estimates it costs $102.3M to adequately educate all students in this district. The district currently has $81.1M in resources — that's 79.31% of what it needs. There's a $21.2M gap between what the district has and what it needs.

What it needsi

$102.3M

What it hasi

$81.1M

From the statei

$15.3M

This district is better funded than 48% of districts statewide.

CRETE MONEE C U SCHOOL DIST 201UTier 2
76.05% funded$16.7M gap

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

The state estimates it costs $69.7M to adequately educate all students in this district. The district currently has $53.0M in resources — that's 76.05% of what it needs. There's a $16.7M gap between what the district has and what it needs.

What it needsi

$69.7M

What it hasi

$53.0M

From the statei

$23.7M

This district is better funded than 34% of districts statewide.

RICH TWP H S DISTRICT 227Tier 3
96.56% funded$1.9M gap

90-100% of adequacy — receives limited new state funding

The state estimates it costs $54.0M to adequately educate all students in this district. The district currently has $52.2M in resources — that's 96.56% of what it needs. There's a $1.9M gap between what the district has and what it needs.

What it needsi

$54.0M

What it hasi

$52.2M

From the statei

$32.8M

This district is better funded than 73% of districts statewide.

FRANKFORT C C SCH DIST 157CTier 4
103.15% funded

At or above 100% of adequacy — fully funded

The state estimates it costs $34.7M to adequately educate all students in this district. The district currently has $35.8M in resources — that's 103.15% of what it needs. This district meets or exceeds its funding target.

What it needsi

$34.7M

What it hasi

$35.8M

From the statei

$2.0M

This district is better funded than 79% of districts statewide.

SUMMIT HILL SCHOOL DIST 161Tier 4
115.58% funded

At or above 100% of adequacy — fully funded

The state estimates it costs $32.0M to adequately educate all students in this district. The district currently has $37.0M in resources — that's 115.58% of what it needs. This district meets or exceeds its funding target.

What it needsi

$32.0M

What it hasi

$37.0M

From the statei

$3.0M

This district is better funded than 88% of districts statewide.

ELEM SCHOOL DISTRICT 159Tier 4
130.57% funded

At or above 100% of adequacy — fully funded

The state estimates it costs $24.9M to adequately educate all students in this district. The district currently has $32.6M in resources — that's 130.57% of what it needs. This district meets or exceeds its funding target.

What it needsi

$24.9M

What it hasi

$32.6M

From the statei

$10.0M

This district is better funded than 94% of districts statewide.

MOKENA SCHOOL DIST 159Tier 3
98.32% funded$353K gap

90-100% of adequacy — receives limited new state funding

The state estimates it costs $21.0M to adequately educate all students in this district. The district currently has $20.6M in resources — that's 98.32% of what it needs. There's a $353K gap between what the district has and what it needs.

What it needsi

$21.0M

What it hasi

$20.6M

From the statei

$1.6M

This district is better funded than 75% of districts statewide.

PEOTONE C U SCH DIST 207UTier 4
104.91% funded

At or above 100% of adequacy — fully funded

The state estimates it costs $17.6M to adequately educate all students in this district. The district currently has $18.5M in resources — that's 104.91% of what it needs. This district meets or exceeds its funding target.

What it needsi

$17.6M

What it hasi

$18.5M

From the statei

$1.6M

This district is better funded than 81% of districts statewide.

Statewide Tier Distributioni

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