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Metro East Sun

Monday, April 21, 2025

How much has Signal Hill SD 181 overspent over the past 10 years?

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Signal Hill School District 181 accumulated $1.14 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, Signal Hill SD 181 reported 16.9 percent less revenue. At the same time, total spending went down 12.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,529,341
$4,297,007
$232,334
2009
$4,658,923
$5,969,069
-$1,310,146
2010
$4,524,286
$4,188,126
$336,160
2011
$4,769,131
$4,067,003
$702,128
2012
$4,203,513
$3,842,263
$361,250
2013
$4,041,963
$3,827,885
$214,078
2014
$4,148,522
$4,759,915
-$611,393
2015
$3,601,077
$4,542,924
-$941,847
2016
$3,668,754
$3,797,236
-$128,482
2017
$3,762,506
$3,756,103
$6,403
Total
$41,908,016
$43,047,531
-$1,139,515
10-year change (%)
-16.9
-12.6
N/M
Illinois Local Education Agency Retrieval Network

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