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Friday, April 19, 2024

How much has Rossville-Alvin CUSD 7 overspent over the past 10 years?

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Rossville Alvin Community Unit School District 7 accumulated $3.50 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, Rossville-Alvin CUSD 7 reported 19.9 percent more revenue. At the same time, total spending went up 15.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,572,058
$3,621,124
-$49,066
2009
$3,579,992
$3,829,159
-$249,167
2010
$3,607,119
$3,506,715
$100,404
2011
$3,778,435
$3,451,974
$326,461
2012
$3,534,471
$3,148,209
$386,262
2013
$3,588,287
$4,372,051
-$783,764
2014
$3,760,323
$7,111,127
-$3,350,804
2015
$3,522,511
$3,605,070
-$82,559
2016
$3,925,568
$3,813,490
$112,078
2017
$4,284,053
$4,195,906
$88,147
Total
$37,152,817
$40,654,825
-$3,502,008
10-year change (%)
19.9
15.9
N/M
Illinois Local Education Agency Retrieval Network

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