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Illinois Valley Times

Tuesday, November 26, 2024

How much has Minooka CCSD 201 overspent over the past 10 years?

Hs 09

Minooka Community Consolidated School District 201 accumulated $68.40 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, Minooka CCSD 201 reported 39.2 percent more revenue. At the same time, total spending went up 48 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$30,965,194
$29,345,862
$1,619,332
2009
$32,788,240
$64,799,441
-$32,011,201
2010
$33,443,140
$59,772,825
-$26,329,685
2011
$32,760,210
$34,992,972
-$2,232,762
2012
$31,799,534
$35,725,680
-$3,926,146
2013
$32,990,664
$34,593,784
-$1,603,120
2014
$34,262,087
$35,565,907
-$1,303,820
2015
$36,494,400
$37,174,583
-$680,183
2016
$37,814,689
$39,437,384
-$1,622,695
2017
$43,116,188
$43,422,866
-$306,678
Total
$346,434,346
$414,831,304
-$68,396,958
10-year change (%)
39.2
48
N/M
Illinois Local Education Agency Retrieval Network

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