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Illinois Valley Times

Tuesday, November 26, 2024

How much has La Salle-Peru Twp HSD 120 overspent over the past 10 years?

Highschoolclassroom1401

La Salle-Peru Township High School District 120 accumulated $17.50 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 Salle-Peru Twp HSD 120 reported 7.9 percent more revenue. At the same time, total spending went up 37.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$15,846,954
$14,897,998
$948,956
2009
$15,627,397
$15,026,360
$601,037
2010
$16,077,642
$15,882,071
$195,571
2011
$15,897,181
$17,484,007
-$1,586,826
2012
$15,531,710
$17,807,535
-$2,275,825
2013
$15,953,410
$17,806,315
-$1,852,905
2014
$16,352,271
$22,056,737
-$5,704,466
2015
$16,119,473
$18,431,374
-$2,311,901
2016
$16,553,607
$18,619,927
-$2,066,320
2017
$17,102,319
$20,548,814
-$3,446,495
Total
$161,061,964
$178,561,138
-$17,499,174
10-year change (%)
7.9
37.9
N/M
Illinois Local Education Agency Retrieval Network

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