Quantcast

Chambana Sun

Thursday, July 17, 2025

How much has Mahomet-Seymour CUSD 3 overspent over the past 10 years?

Shutterstock 84230779

Mahomet-Seymour Community Unit School District 3 accumulated $24.98 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, Mahomet-Seymour CUSD 3 reported 25.8 percent more revenue. At the same time, total spending went up 63.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$24,203,023
$23,384,370
$818,653
2009
$24,620,916
$24,432,994
$187,922
2010
$25,254,448
$25,817,256
-$562,808
2011
$28,343,195
$28,184,013
$159,182
2012
$28,000,940
$28,839,821
-$838,881
2013
$28,125,056
$29,095,098
-$970,042
2014
$28,235,412
$40,418,971
-$12,183,559
2015
$28,468,574
$32,113,932
-$3,645,358
2016
$30,278,279
$30,350,765
-$72,486
2017
$30,445,336
$38,313,458
-$7,868,122
Total
$275,975,179
$300,950,678
-$24,975,499
10-year change (%)
25.8
63.8
N/M
Illinois Local Education Agency Retrieval Network

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS