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Illinois Valley Times

Tuesday, November 26, 2024

How much has La Moille CUSD 303 overspent over the past 10 years?

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La Moille Community Unit School District 303 accumulated $1.82 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, La Moille CUSD 303 reported 6.7 percent less revenue. At the same time, total spending went up 38.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,563,675
$3,085,434
$478,241
2009
$3,597,455
$3,128,157
$469,298
2010
$3,574,492
$3,467,656
$106,836
2011
$3,570,897
$3,102,453
$468,444
2012
$3,414,944
$3,157,628
$257,316
2013
$3,316,220
$3,252,190
$64,030
2014
$3,437,434
$4,340,272
-$902,838
2015
$3,191,313
$4,312,356
-$1,121,043
2016
$3,301,536
$4,009,912
-$708,376
2017
$3,325,867
$4,260,577
-$934,710
Total
$34,293,833
$36,116,635
-$1,822,802
10-year change (%)
-6.7
38.1
N/M
Illinois Local Education Agency Retrieval Network

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