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Carbondale Reporter

Tuesday, May 21, 2024

How much has Trico CUSD 176 overspent over the past 10 years?

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Trico Community Unit School District 176 accumulated $1.86 million in debt between fiscal years 2008 and 2017, according to a Carbondale Reporter 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, Trico CUSD 176 reported 10.4 percent more revenue. At the same time, total spending went up 2.4 percent. The resulting deficit grew by 86.6 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,877,643
$8,580,649
-$703,006
2009
$8,068,854
$8,066,494
$2,360
2010
$8,068,715
$8,283,899
-$215,184
2011
$8,724,383
$8,823,530
-$99,147
2012
$8,100,443
$8,402,438
-$301,995
2013
$8,385,074
$8,336,753
$48,321
2014
$8,658,059
$8,377,455
$280,604
2015
$8,379,994
$8,870,922
-$490,928
2016
$8,526,161
$8,814,999
-$288,838
2017
$8,694,462
$8,788,882
-$94,420
Total
$83,483,788
$85,346,021
-$1,862,233
10-year change (%)
10.4
2.4
-86.6
Illinois Local Education Agency Retrieval Network

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