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MCHENRY CCSD 15
Current District Superintendent
Dr. Josh Reitz
Address
420 FRONT ST
MCHENRY IL 60050
(779) 244-1000
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District Finances:
This display shows the Real Receipts total for this district and the percentage of the district’s Adequacy Target that the total represents. Learn More
Real Receipts is a component of the calculation that determines a district’s Local Capacity Target. Real Receipts reflect a simulation of local tax revenue when multiplying Equalized Assessed Valuation (EAV) by the adjusted operating tax rate.
The Adequacy Target is the sum of all Education Cost Factors as calculated for each individual district multiplied by the Regionalization Factor that measures regional variations in salaries.
When the Real Receipts amount is greater than the Local Capacity Target, the Local Capacity Target is increased by an amount equal to (Real Receipts – Local Capacity Target) X Preliminary Percentage of Adequacy.