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Illinois Valley Times

Tuesday, November 26, 2024

How much has DePue USD 103 overspent over the past 10 years?

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Depue Unit School District 103 accumulated $462,802 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, DePue USD 103 reported 7.5 percent more revenue. At the same time, total spending went up 37.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,645,067
$3,024,384
$620,683
2009
$3,995,487
$3,538,043
$457,444
2010
$4,403,067
$4,406,622
-$3,555
2011
$6,053,629
$5,812,557
$241,072
2012
$5,606,753
$5,591,729
$15,024
2013
$4,945,649
$5,309,777
-$364,128
2014
$4,011,390
$4,459,730
-$448,340
2015
$3,868,049
$4,456,340
-$588,291
2016
$3,977,509
$4,142,843
-$165,334
2017
$3,917,736
$4,145,113
-$227,377
Total
$44,424,336
$44,887,138
-$462,802
10-year change (%)
7.5
37.1
N/M
Illinois Local Education Agency Retrieval Network

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