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Illinois Valley Times

Tuesday, November 26, 2024

How much has Morris CHSD 101 overspent over the past 10 years?

Highschool04

Morris Community High School District 101 accumulated $17.58 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, Morris CHSD 101 reported 23.1 percent more revenue. At the same time, total spending went up 28.2 percent. The resulting deficit grew by 90.7 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,714,174
$11,589,619
-$875,445
2009
$11,127,203
$12,276,001
-$1,148,798
2010
$11,814,944
$12,776,083
-$961,139
2011
$12,236,397
$12,771,591
-$535,194
2012
$12,991,753
$17,822,061
-$4,830,308
2013
$13,030,741
$14,076,777
-$1,046,036
2014
$12,698,611
$14,940,994
-$2,242,383
2015
$12,425,824
$14,866,242
-$2,440,418
2016
$12,666,564
$14,497,271
-$1,830,707
2017
$13,191,314
$14,860,432
-$1,669,118
Total
$122,897,525
$140,477,071
-$17,579,546
10-year change (%)
23.1
28.2
90.7
Illinois Local Education Agency Retrieval Network

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