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Illinois Valley Times

Monday, December 23, 2024

How much has Cherry SD 92 overspent over the past 10 years?

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Cherry School District 92 accumulated $786,456 in debt between fiscal years 2008 and 2017, according to a Illinois Valley Times 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, Cherry SD 92 reported 42.8 percent less revenue. At the same time, total spending went down 49.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$824,090
$862,671
-$38,581
2009
$819,648
$758,667
$60,981
2010
$868,720
$922,113
-$53,393
2011
$699,899
$866,746
-$166,847
2012
$680,131
$871,525
-$191,394
2013
$697,767
$827,633
-$129,866
2014
$623,767
$755,548
-$131,781
2015
$491,928
$576,274
-$84,346
2016
$455,268
$539,653
-$84,385
2017
$471,574
$438,418
$33,156
Total
$6,632,792
$7,419,248
-$786,456
10-year change (%)
-42.8
-49.2
N/M
Illinois Local Education Agency Retrieval Network

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