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Illinois Valley Times

Monday, November 25, 2024

How much has Streator ESD 44 overspent over the past 10 years?

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Streator Elementary School District 44 accumulated $15.58 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, Streator ESD 44 reported 10.1 percent more revenue. At the same time, total spending went up 3.5 percent. The resulting deficit grew by 75.7 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$17,665,998
$19,145,713
-$1,479,715
2009
$18,844,958
$20,923,179
-$2,078,221
2010
$19,075,774
$21,950,343
-$2,874,569
2011
$21,337,106
$21,708,691
-$371,585
2012
$19,251,242
$21,531,176
-$2,279,934
2013
$18,999,390
$22,093,041
-$3,093,651
2014
$19,263,354
$19,310,725
-$47,371
2015
$17,621,423
$20,088,375
-$2,466,952
2016
$18,453,320
$18,983,359
-$530,039
2017
$19,448,085
$19,808,443
-$360,358
Total
$189,960,650
$205,543,045
-$15,582,395
10-year change (%)
10.1
3.5
-75.7
Illinois Local Education Agency Retrieval Network

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