- Home
- PEORIA SD 150
- District Environment
- District Finances
PEORIA SD 150
Current District Superintendent
Dr. Sharon Desmoulin-Kherat
Address
3202 N WISCONSIN AVE
PEORIA IL 61603
(309) 672-6768
Custom Report Card Builder
Make your selections and click "Generate Report"
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.