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Kankakee Times

Monday, May 20, 2024

How much has Crescent Iroquois CUSD 249 overspent over the past 10 years?

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Crescent Iroquois Community Unit School District 249 accumulated $996,868 in debt between fiscal years 2008 and 2017, according to a Kankakee 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, Crescent Iroquois CUSD 249 reported 12.7 percent less revenue. At the same time, total spending went down 13.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,161,418
$2,130,439
$30,979
2009
$2,143,476
$2,072,886
$70,590
2010
$1,915,498
$1,860,298
$55,200
2011
$1,897,706
$1,781,680
$116,026
2012
$1,685,626
$2,211,477
-$525,851
2013
$1,829,886
$2,050,303
-$220,417
2014
$1,765,973
$2,099,802
-$333,829
2015
$1,677,803
$1,893,230
-$215,427
2016
$1,908,939
$1,933,963
-$25,024
2017
$1,887,779
$1,836,894
$50,885
Total
$18,874,104
$19,870,972
-$996,868
10-year change (%)
-12.7
-13.8
N/M
Illinois Local Education Agency Retrieval Network

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