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Carbondale Reporter

Sunday, December 22, 2024

How much has Marion CUSD 2 overspent over the past 10 years?

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Marion Community Unit School District 2 accumulated $43.28 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, Marion CUSD 2 reported 27.8 percent more revenue. At the same time, total spending went up 46.8 percent. The resulting deficit grew by 466.3 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$34,004,695
$35,550,151
-$1,545,456
2009
$35,371,952
$34,808,267
$563,685
2010
$39,742,618
$37,555,415
$2,187,203
2011
$38,309,214
$39,538,433
-$1,229,219
2012
$36,429,056
$48,384,732
-$11,955,676
2013
$47,917,366
$41,222,904
$6,694,462
2014
$44,650,877
$51,676,341
-$7,025,464
2015
$49,492,353
$65,201,927
-$15,709,574
2016
$42,797,715
$49,309,925
-$6,512,210
2017
$43,445,143
$52,196,553
-$8,751,410
Total
$412,160,989
$455,444,648
-$43,283,659
10-year change (%)
27.8
46.8
466.3
Illinois Local Education Agency Retrieval Network

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