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Illinois Valley Times

Monday, November 25, 2024

How much has Seneca Twp HSD 160 overspent over the past 10 years?

Highschool089

Seneca Township High School District 160 accumulated $6.81 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, Seneca Twp HSD 160 reported 45.1 percent more revenue. At the same time, total spending went up 48.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,373,752
$8,200,560
$1,173,192
2009
$9,430,571
$10,461,315
-$1,030,744
2010
$9,497,870
$11,177,208
-$1,679,338
2011
$14,572,902
$16,819,037
-$2,246,135
2012
$14,539,798
$23,291,095
-$8,751,297
2013
$14,768,176
$15,911,601
-$1,143,425
2014
$14,465,857
$13,354,953
$1,110,904
2015
$14,421,709
$12,002,159
$2,419,550
2016
$13,799,740
$11,916,164
$1,883,576
2017
$13,606,234
$12,148,155
$1,458,079
Total
$128,476,609
$135,282,247
-$6,805,638
10-year change (%)
45.1
48.1
N/M
Illinois Local Education Agency Retrieval Network

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