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Sunday, November 24, 2024

How much has New Athens CUSD 60 overspent over the past 10 years?

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New Athens Community Unit School District 60 accumulated $4.64 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, New Athens CUSD 60 reported 0.1 percent more revenue. At the same time, total spending went up 24.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,300,278
$5,084,615
$215,663
2009
$5,292,572
$5,305,398
-$12,826
2010
$5,359,513
$7,561,967
-$2,202,454
2011
$5,622,651
$5,301,475
$321,176
2012
$4,974,352
$5,281,589
-$307,237
2013
$5,088,483
$5,147,568
-$59,085
2014
$4,744,776
$4,922,821
-$178,045
2015
$4,320,457
$5,209,969
-$889,512
2016
$5,046,977
$5,545,076
-$498,099
2017
$5,303,895
$6,336,560
-$1,032,665
Total
$51,053,954
$55,697,038
-$4,643,084
10-year change (%)
0.1
24.6
N/M
Illinois Local Education Agency Retrieval Network

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