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Illinois Valley Times

Monday, November 25, 2024

How much has Grand Ridge CCSD 95 overspent over the past 10 years?

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Grand Ridge Community Consolidated School District 95 accumulated $605,660 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, Grand Ridge CCSD 95 reported 32.9 percent more revenue. At the same time, total spending went up 16.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,004,017
$2,801,949
$202,068
2009
$3,123,938
$3,116,449
$7,489
2010
$3,234,682
$3,039,196
$195,486
2011
$3,476,616
$3,280,220
$196,396
2012
$3,396,767
$3,254,946
$141,821
2013
$3,213,170
$3,264,714
-$51,544
2014
$3,156,514
$3,178,441
-$21,927
2015
$3,816,932
$3,395,961
$420,971
2016
$3,031,076
$5,454,579
-$2,423,503
2017
$3,993,086
$3,266,003
$727,083
Total
$33,446,798
$34,052,458
-$605,660
10-year change (%)
32.9
16.6
N/M
Illinois Local Education Agency Retrieval Network

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