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Illinois Valley Times

Monday, November 25, 2024

How much has Earlville CUSD 9 overspent over the past 10 years?

Highschool04

Earlville Community Unit School District 9 accumulated $1.03 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, Earlville CUSD 9 reported 14.8 percent more revenue. At the same time, total spending went down 20.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,802,691
$6,693,114
-$1,890,423
2009
$4,787,152
$5,095,018
-$307,866
2010
$4,804,164
$5,304,710
-$500,546
2011
$4,895,782
$4,875,706
$20,076
2012
$4,454,029
$4,571,073
-$117,044
2013
$5,403,916
$4,638,960
$764,956
2014
$5,366,776
$5,044,875
$321,901
2015
$5,214,690
$4,914,298
$300,392
2016
$5,269,989
$5,097,247
$172,742
2017
$5,511,304
$5,304,900
$206,404
Total
$50,510,493
$51,539,901
-$1,029,408
10-year change (%)
14.8
-20.7
N/M
Illinois Local Education Agency Retrieval Network

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