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West Central Reporter

Friday, April 26, 2024

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

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Carrollton Community Unit School District 1 accumulated $731,646 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, Carrollton CUSD 1 reported 0.8 percent more revenue. At the same time, total spending went down 8.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,443,070
$5,850,374
-$407,304
2009
$5,840,338
$5,971,512
-$131,174
2010
$5,943,647
$5,660,022
$283,625
2011
$6,147,639
$5,319,212
$828,427
2012
$5,517,735
$5,330,026
$187,709
2013
$5,371,614
$5,431,279
-$59,665
2014
$5,386,250
$6,586,425
-$1,200,175
2015
$5,238,240
$5,400,681
-$162,441
2016
$5,509,072
$5,727,534
-$218,462
2017
$5,485,630
$5,337,816
$147,814
Total
$55,883,235
$56,614,881
-$731,646
10-year change (%)
0.8
-8.8
N/M
Illinois Local Education Agency Retrieval Network

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