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Kankakee Times

Friday, November 29, 2024

How much has Pembroke CCSD 259 overspent over the past 10 years?

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Pembroke Community Consolidated School District 259 accumulated $2.79 million 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, Pembroke CCSD 259 reported 19.2 percent less revenue. At the same time, total spending went down 21.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,922,369
$5,039,771
-$117,402
2009
$4,754,501
$4,765,352
-$10,851
2010
$4,220,424
$4,539,847
-$319,423
2011
$3,986,943
$4,643,221
-$656,278
2012
$3,193,378
$4,243,037
-$1,049,659
2013
$3,869,628
$4,126,541
-$256,913
2014
$4,115,798
$3,761,391
$354,407
2015
$3,670,866
$4,339,558
-$668,692
2016
$3,731,955
$3,831,262
-$99,307
2017
$3,977,366
$3,939,970
$37,396
Total
$40,443,228
$43,229,950
-$2,786,722
10-year change (%)
-19.2
-21.8
N/M
Illinois Local Education Agency Retrieval Network

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