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West Central Reporter

Friday, April 26, 2024

How much has Waverly CUSD 6 overspent over the past 10 years?

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Waverly Community Unit School District 6 accumulated $1.87 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, Waverly CUSD 6 reported 4.5 percent more revenue. At the same time, total spending went up 13.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,374,164
$3,878,463
$495,701
2009
$3,871,617
$4,108,748
-$237,131
2010
$4,751,500
$4,210,109
$541,391
2011
$4,483,363
$3,990,351
$493,012
2012
$4,456,144
$4,287,791
$168,353
2013
$4,353,657
$4,337,928
$15,729
2014
$4,435,575
$4,320,560
$115,015
2015
$4,415,542
$5,073,072
-$657,530
2016
$4,469,819
$7,445,737
-$2,975,918
2017
$4,572,957
$4,402,408
$170,549
Total
$44,184,338
$46,055,167
-$1,870,829
10-year change (%)
4.5
13.5
N/M
Illinois Local Education Agency Retrieval Network

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