Ohio Community High School District 505 had $786,072 in long-term school debt as of fiscal year 2024, according to the Illinois State Board of Education .
Based on the school district's enrollment of 26 students in the 2023-24 school year, that debt amounts to approximately $3,023,350 per student.
Most of the students in the district were white, accounting for 92.3% of the student population.
The school district, located in Bureau County, ranked 657th among Illinois school districts based on the total outstanding debt in the 2023-24 school year. That represents 17% of the district's borrowing capacity, which is determined by its Equalized Assessed Value (EAV), the taxable property value that sets legal debt limits under state law.
The data was obtained by Wirepoints through a Freed