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Metro East Sun

Wednesday, December 25, 2024

How much has Central SD 104 overspent over the past 10 years?

Highschool151

Central School District 104 accumulated $14.15 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, Central SD 104 reported 24.8 percent more revenue. At the same time, total spending went down 27.1 percent. The resulting deficit shrunk by 80.7 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,723,712
$11,253,105
-$5,529,393
2009
$6,392,416
$7,130,859
-$738,443
2010
$6,635,095
$7,691,544
-$1,056,449
2011
$7,232,467
$10,562,888
-$3,330,421
2012
$6,720,424
$7,893,268
-$1,172,844
2013
$6,640,994
$6,195,087
$445,907
2014
$6,663,222
$6,288,813
$374,409
2015
$7,182,940
$6,724,721
$458,219
2016
$6,261,333
$8,796,700
-$2,535,367
2017
$7,140,505
$8,208,571
-$1,068,066
Total
$66,593,108
$80,745,556
-$14,152,448
10-year change (%)
24.8
-27.1
-80.7
Illinois Local Education Agency Retrieval Network

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