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West Central Reporter

Sunday, August 3, 2025

How much has Franklin CUSD 1 overspent over the past 10 years?

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Franklin Community Unit School District 1 accumulated $171,902 in debt between fiscal years 2008 and 2017, according to a West Central 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, Franklin CUSD 1 reported 1.6 percent more revenue. At the same time, total spending went up 23.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,801,291
$3,504,585
$296,706
2009
$3,780,085
$3,324,734
$455,351
2010
$3,727,324
$3,562,958
$164,366
2011
$3,925,392
$3,598,275
$327,117
2012
$3,666,424
$3,675,186
-$8,762
2013
$3,654,236
$3,900,220
-$245,984
2014
$3,773,924
$3,806,465
-$32,541
2015
$3,567,528
$4,017,953
-$450,425
2016
$3,814,855
$4,020,294
-$205,439
2017
$3,863,831
$4,336,122
-$472,291
Total
$37,574,890
$37,746,792
-$171,902
10-year change (%)
1.6
23.7
N/M
Illinois Local Education Agency Retrieval Network

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