Quantcast

Carbondale Reporter

Sunday, December 22, 2024

How much has Carterville CUSD 5 overspent over the past 10 years?

Highschool07

Carterville Community Unit School District 5 accumulated $48.07 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, Carterville CUSD 5 reported 21.1 percent more revenue. At the same time, total spending went up 60.3 percent. The resulting deficit grew by 301.6 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$15,928,854
$18,511,615
-$2,582,761
2009
$19,115,055
$18,802,791
$312,264
2010
$19,156,070
$27,475,513
-$8,319,443
2011
$35,809,127
$39,101,794
-$3,292,667
2012
$25,650,208
$31,680,962
-$6,030,754
2013
$16,706,947
$27,587,503
-$10,880,556
2014
$17,672,053
$24,900,531
-$7,228,478
2015
$18,541,481
$18,756,156
-$214,675
2016
$18,304,165
$17,766,821
$537,344
2017
$19,295,218
$29,666,885
-$10,371,667
Total
$206,179,178
$254,250,571
-$48,071,393
10-year change (%)
21.1
60.3
301.6
Illinois Local Education Agency Retrieval Network

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS