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Sunday, November 24, 2024

How much has Grant CCSD 110 overspent over the past 10 years?

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Grant Community Consolidated School District 110 accumulated $6.76 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, Grant CCSD 110 reported 6.2 percent more revenue. At the same time, total spending went up 12.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,111,719
$7,099,681
$12,038
2009
$7,256,517
$9,317,297
-$2,060,780
2010
$7,602,515
$8,331,888
-$729,373
2011
$8,432,191
$7,866,198
$565,993
2012
$7,526,418
$8,241,616
-$715,198
2013
$7,540,824
$8,056,018
-$515,194
2014
$6,951,570
$7,349,335
-$397,765
2015
$6,933,589
$8,331,608
-$1,398,019
2016
$7,067,032
$8,176,483
-$1,109,451
2017
$7,550,786
$7,962,935
-$412,149
Total
$73,973,161
$80,733,059
-$6,759,898
10-year change (%)
6.2
12.2
N/M
Illinois Local Education Agency Retrieval Network

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