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Kankakee Times

Friday, November 29, 2024

How much has Bradley SD 61 overspent over the past 10 years?

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Bradley Elementary School District 61 accumulated $7.89 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, Bradley SD 61 reported 31.2 percent more revenue. At the same time, total spending went up 24 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,976,998
$13,133,869
-$156,871
2009
$13,286,100
$14,062,299
-$776,199
2010
$15,069,012
$15,932,740
-$863,728
2011
$16,612,231
$18,246,158
-$1,633,927
2012
$16,368,500
$18,293,250
-$1,924,750
2013
$15,900,530
$17,121,005
-$1,220,475
2014
$16,578,634
$18,079,990
-$1,501,356
2015
$16,121,674
$16,607,704
-$486,030
2016
$17,163,340
$17,235,421
-$72,081
2017
$17,026,062
$16,281,795
$744,267
Total
$157,103,081
$164,994,231
-$7,891,150
10-year change (%)
31.2
24
N/M
Illinois Local Education Agency Retrieval Network

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