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Sunday, November 24, 2024

How much has Granite City CUSD 9 overspent over the past 10 years?

Highschoolclassroom1401

Granite City Community Unit School District 9 accumulated $25.39 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, Granite City CUSD 9 reported 12.7 percent more revenue. At the same time, total spending went up 7.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$60,454,023
$62,760,565
-$2,306,542
2009
$66,428,902
$66,372,975
$55,926
2010
$68,398,599
$74,551,165
-$6,152,566
2011
$73,624,690
$68,873,058
$4,751,632
2012
$66,357,246
$74,744,849
-$8,387,603
2013
$66,543,018
$76,161,083
-$9,618,065
2014
$65,594,079
$70,308,986
-$4,714,907
2015
$67,047,995
$67,649,795
-$601,800
2016
$65,670,221
$64,798,588
$871,633
2017
$68,109,153
$67,401,647
$707,506
Total
$668,227,926
$693,622,711
-$25,394,786
10-year change (%)
12.7
7.4
N/M
Illinois Local Education Agency Retrieval Network

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