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Saturday, May 18, 2024

How much has Roxana CUSD 1 overspent over the past 10 years?

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Roxana Community Unit School District 1 accumulated $20.03 million in debt between fiscal years 2008 and 2017, according to a Metro East Sun analysis of public schools data.

Spending and revenue data obtained for this analysis comes from the Illinois Local Education Agency Retrieval Network (ILEARN), which is part of the Illinois State Board of Education and collects data annually on school district financials.

Over the 10-year span, Roxana CUSD 1 reported 32.4 percent more revenue. At the same time, total spending went up 59.3 percent. The resulting deficit grew by 367.3 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$18,954,875
$20,607,125
-$1,652,250
2009
$19,714,030
$20,795,972
-$1,081,942
2010
$20,676,422
$19,726,587
$949,835
2011
$20,761,020
$22,948,296
-$2,187,276
2012
$18,725,243
$24,887,831
-$6,162,588
2013
$29,184,303
$23,580,432
$5,603,871
2014
$28,362,250
$28,287,013
$75,237
2015
$28,133,719
$33,150,377
-$5,016,658
2016
$24,822,970
$27,662,221
-$2,839,251
2017
$25,099,117
$32,819,956
-$7,720,839
Total
$234,433,949
$254,465,810
-$20,031,861
10-year change (%)
32.4
59.3
367.3
Illinois Local Education Agency Retrieval Network

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