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Illinois Valley Times

Tuesday, November 26, 2024

How much has Leland CUSD 1 overspent over the past 10 years?

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Leland Community Unit School District 1 accumulated $3.41 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, Leland CUSD 1 reported 8.2 percent more revenue. At the same time, total spending went down 1.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,381,029
$3,491,082
-$110,053
2009
$3,811,099
$6,407,610
-$2,596,511
2010
$3,706,172
$3,709,951
-$3,779
2011
$3,432,964
$3,654,200
-$221,236
2012
$3,635,493
$3,855,110
-$219,617
2013
$3,473,608
$3,923,432
-$449,824
2014
$3,399,020
$3,547,370
-$148,350
2015
$3,659,918
$3,621,728
$38,190
2016
$3,498,391
$3,423,486
$74,905
2017
$3,657,722
$3,428,422
$229,300
Total
$35,655,416
$39,062,391
-$3,406,975
10-year change (%)
8.2
-1.8
N/M
Illinois Local Education Agency Retrieval Network

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