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West Central Reporter

Tuesday, April 29, 2025

How much has Calhoun CUSD 40 overspent over the past 10 years?

Highschoolclassroom1401

Calhoun Community Unit School District 40 accumulated $4.61 million 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, Calhoun CUSD 40 reported 0.8 percent more revenue. At the same time, total spending went down 6.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,282,541
$5,662,380
-$379,839
2009
$5,367,265
$6,515,751
-$1,148,486
2010
$5,514,782
$5,832,235
-$317,453
2011
$6,034,845
$5,889,592
$145,253
2012
$5,661,948
$5,235,316
$426,632
2013
$5,186,427
$8,089,162
-$2,902,735
2014
$4,984,696
$5,221,282
-$236,586
2015
$4,762,853
$5,109,209
-$346,356
2016
$5,334,022
$5,220,951
$113,071
2017
$5,326,929
$5,289,560
$37,369
Total
$53,456,308
$58,065,438
-$4,609,130
10-year change (%)
0.8
-6.6
N/M
Illinois Local Education Agency Retrieval Network

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