The rating on Lake County Consolidated High School District #120 (Mundelein), Illinois' rating reflects: * Growing district with access to Chicago metropolitan statistical area, * Above average wealth levels, * Good financial operations and cash balances, and * Manageable debt burden, although with potential growth-driven needs. The district serves Mundelein and some surrounding areas in Lake County, about 38 miles northwest of Chicago's downtown 'loop'. The district operates a single high school building that will have a capacity of 2,100 following the expansion program. While enrollment, currently 1,500, should remain below capacity for several years, the largely undeveloped nature of the district suggests an eventual need for a second campus to serve the four elementary and middle school feeder districts.
