Quantcast

Illinois Valley Times

Sunday, May 4, 2025

How much has Streator Twp HSD 40 overspent over the past 10 years?

Hs 06

Streator Township High School District 40 accumulated $1 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 Twp HSD 40 reported 7.4 percent more revenue. At the same time, total spending went up 11.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,488,778
$10,987,025
$501,753
2009
$11,593,285
$11,767,969
-$174,684
2010
$11,875,742
$11,383,104
$492,638
2011
$12,249,470
$11,137,259
$1,112,211
2012
$12,134,929
$11,790,737
$344,192
2013
$11,557,871
$12,078,845
-$520,974
2014
$11,985,156
$12,943,549
-$958,393
2015
$11,223,620
$12,138,017
-$914,397
2016
$11,895,333
$12,835,672
-$940,339
2017
$12,341,628
$12,288,551
$53,077
Total
$118,345,812
$119,350,728
-$1,004,916
10-year change (%)
7.4
11.8
N/M
Illinois Local Education Agency Retrieval Network

MORE NEWS