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Kankakee Times

Friday, November 29, 2024

How much has Central CUSD 4 overspent over the past 10 years?

Highschoolclassroom1401

Central Community Unit School District 4 accumulated $880,442 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, Central CUSD 4 reported 2.8 percent less revenue. At the same time, total spending went up 0.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,837,511
$11,397,631
$439,880
2009
$11,833,674
$11,868,148
-$34,474
2010
$12,022,640
$11,726,452
$296,188
2011
$12,110,030
$11,364,044
$745,986
2012
$11,744,332
$11,191,197
$553,135
2013
$11,601,607
$11,428,744
$172,863
2014
$11,485,405
$12,122,164
-$636,759
2015
$11,097,471
$12,589,323
-$1,491,852
2016
$11,193,064
$12,147,906
-$954,842
2017
$11,508,484
$11,479,051
$29,433
Total
$116,434,218
$117,314,660
-$880,442
10-year change (%)
-2.8
0.7
N/M
Illinois Local Education Agency Retrieval Network

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