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Carbondale Reporter

Friday, April 19, 2024

How much has Elverado CUSD 196 overspent over the past 10 years?

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Elverado Community Unit School District 196 accumulated $2.09 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, Elverado CUSD 196 reported 2.1 percent less revenue. At the same time, total spending went up 1.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,469,297
$4,287,735
$181,562
2009
$4,681,562
$5,093,709
-$412,147
2010
$4,610,094
$4,565,837
$44,256
2011
$5,022,670
$4,742,620
$280,050
2012
$4,422,682
$4,710,034
-$287,352
2013
$4,519,380
$4,928,321
-$408,941
2014
$4,727,594
$5,590,853
-$863,259
2015
$4,312,431
$4,579,521
-$267,090
2016
$4,469,858
$4,839,448
-$369,590
2017
$4,376,464
$4,363,455
$13,009
Total
$45,612,032
$47,701,533
-$2,089,502
10-year change (%)
-2.1
1.8
N/M
Illinois Local Education Agency Retrieval Network

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