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West Central Reporter

Thursday, April 18, 2024

How much has Warsaw CUSD 316 overspent over the past 10 years?

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Warsaw Community Unit School District 316 accumulated $3.49 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, Warsaw CUSD 316 reported 12.9 percent more revenue. At the same time, total spending went up 13 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,038,745
$3,903,198
$135,547
2009
$4,472,753
$5,128,380
-$655,627
2010
$5,213,762
$4,967,806
$245,956
2011
$4,870,957
$4,456,690
$414,267
2012
$4,218,163
$5,922,383
-$1,704,220
2013
$3,435,837
$4,696,012
-$1,260,175
2014
$3,975,092
$4,501,792
-$526,700
2015
$3,853,733
$4,371,597
-$517,864
2016
$4,376,055
$4,149,581
$226,474
2017
$4,559,875
$4,409,766
$150,109
Total
$43,014,972
$46,507,205
-$3,492,233
10-year change (%)
12.9
13
N/M
Illinois Local Education Agency Retrieval Network

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