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Metro East Sun

Wednesday, December 25, 2024

How much has Alton CUSD 11 overspent over the past 10 years?

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Alton Community Unit School District No. 11 accumulated $72.82 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, Alton CUSD 11 reported 9.8 percent more revenue. At the same time, total spending went up 10.8 percent. The resulting deficit grew by 21.6 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$64,234,471
$70,197,424
-$5,962,953
2009
$67,935,287
$74,186,967
-$6,251,680
2010
$68,799,939
$73,799,632
-$4,999,693
2011
$71,563,987
$67,477,897
$4,086,090
2012
$66,969,857
$76,028,709
-$9,058,852
2013
$68,160,843
$76,766,277
-$8,605,434
2014
$67,772,977
$75,834,066
-$8,061,089
2015
$65,509,279
$78,127,547
-$12,618,268
2016
$70,876,232
$84,969,406
-$14,093,174
2017
$70,495,944
$77,749,613
-$7,253,669
Total
$682,318,816
$755,137,538
-$72,818,722
10-year change (%)
9.8
10.8
21.6
Illinois Local Education Agency Retrieval Network

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