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Tuesday, May 21, 2024

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

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Fisher Community Unit School District 1 accumulated $10.47 million in debt between fiscal years 2008 and 2017, according to a Chambana Sun 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, Fisher CUSD 1 reported 9 percent more revenue. At the same time, total spending went up 75.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,162,799
$5,559,085
$603,714
2009
$6,033,156
$5,297,878
$735,278
2010
$6,175,231
$5,568,275
$606,956
2011
$6,659,960
$6,851,046
-$191,086
2012
$6,508,003
$7,558,466
-$1,050,463
2013
$7,107,107
$14,463,023
-$7,355,916
2014
$6,831,995
$6,866,325
-$34,330
2015
$6,467,149
$6,861,800
-$394,651
2016
$6,632,713
$6,984,594
-$351,881
2017
$6,717,757
$9,753,562
-$3,035,805
Total
$65,295,870
$75,764,054
-$10,468,184
10-year change (%)
9
75.5
N/M
Illinois Local Education Agency Retrieval Network

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