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Illinois Valley Times

Sunday, February 23, 2025

How much has Ottawa Twp HSD 140 overspent over the past 10 years?

Hs 01

Ottawa Township High School District 140 accumulated $23.98 million 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, Ottawa Twp HSD 140 reported 1.5 percent more revenue. At the same time, total spending went up 14.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$19,722,637
$19,090,160
$632,477
2009
$20,528,450
$22,591,411
-$2,062,961
2010
$20,470,021
$21,312,316
-$842,295
2011
$20,952,182
$21,275,253
-$323,071
2012
$19,516,577
$22,906,252
-$3,389,675
2013
$19,743,156
$25,539,633
-$5,796,477
2014
$19,160,268
$23,155,864
-$3,995,596
2015
$18,841,389
$21,639,151
-$2,797,762
2016
$19,243,636
$22,745,641
-$3,502,005
2017
$20,026,448
$21,924,778
-$1,898,330
Total
$198,204,764
$222,180,459
-$23,975,695
10-year change (%)
1.5
14.8
N/M
Illinois Local Education Agency Retrieval Network

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