School Business Services

Verification of Per Capita Tuition Charge (PCTC)/Operating Expense Per Pupil (OEPP), and Financial Profile Score

Each year, ISBE requests that each district superintendent review their Annual Financial Report data through the ISBE Web Application Security System (IWAS) - District Financial Report System to determine the accuracy of their respective PCTC/OEPP, and Financial Profile calculations.

The accuracy of these computations may influence district finances, the School Report Card and other statistical information.

The PCTC is the amount a school district charges as tuition to a nonresident student and is the basis used in calculating other educational programs.

The OEPP represents the per student cost to operate a school district. This excludes non K-12 related programs.  The OEPP is an interest to many who are looking at how a district ranks among others in the same type (elementary, high school, unit).  The OEPP is ranked first by type and then by the highest to the lowest costs per student. 

The presentation and approval of the Financial Profile Score report will take place at the March 2009 Board Meeting.  Upon board approval, the scores and designations will be displayed on the ISBE website and made available to all state and local media.  

It is important to review the calculated Financial Profile score for accuracy. It is also a good opportunity to enter comments in IWAS explaining an ongoing or isolated situation.  The comments are beneficial to the district and those interested in school finances. 

Please verify and enter comments through the IWAS account by February 27, 2009