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Illinois Valley Times

Monday, November 25, 2024

How has spending changed at Princeton HSD 500?

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Princeton High School District 500 increased per-student spending 88.3 percent from fiscal year 2008 to 2017, adjusted for inflation, 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.

Adjusting for inflation, the district's total spending went up 44 percent over the last 10 years.

Annual spending
Year
Total spending (nominal)
Total spending (real)
9-Month Avg. Daily Attendance
Spending per pupil (real)
2008
$6,926,426
$8,103,918
586.88
$13,808.48
2009
$7,183,041
$8,404,158
600.78
$13,988.74
2010
$7,977,214
$9,094,024
599.82
$15,161.26
2011
$8,005,046
$9,045,702
578.86
$15,626.75
2012
$7,498,643
$8,173,521
535.14
$15,273.61
2013
$7,708,905
$8,325,617
496.95
$16,753.43
2014
$9,387,964
$9,951,242
463.13
$21,486.93
2015
$7,448,812
$7,895,741
457.14
$17,272.04
2016
$7,679,703
$8,063,688
464.62
$17,355.45
2017
$11,437,215
$11,665,959
448.57
$26,007
Total
$81,252,969
$88,723,570
5,231.889999999999
$172,733.69
10-year change (%)
65.1
44
-23.6
88.3
Illinois Local Education Agency Retrieval Network

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