Back to Lake County Risk Audit
Independent School District • IL
Waukegan Community Unit School District 60
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
66/ 100
Elevated Drift Risk
Waukegan Community Unit School District 60 Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Waukegan Community Unit School District 60 in Lake County, IL carries 310M in outstanding voter-approved capital bond indebtedness ($21,500/student), requiring an adopted millage rate of 1.540% to service ongoing facility and operational obligations.
M&O Rate: 1.3%I&S Debt Rate: 0.2%Combined Rate: 1.5%
Total Outstanding Bond Debt
$310.0M
Voter-Approved Capital Bonds
Debt Burden Per Student
$21,500
Among Top 5% Nationally
Student Enrollment
14,419
Active K-12 Student Population
Annual Debt Interest Service
$14.9M
Annual Interest & Sinking Outflow