Quantcast

Chambana Sun

Thursday, April 25, 2024

How much has Monticello CUSD 25 overspent over the past 10 years?

Hs 01

Monticello Community Unit School District 25 accumulated $2.11 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, Monticello CUSD 25 reported 14.5 percent more revenue. At the same time, total spending went up 16.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,256,591
$14,869,996
$1,386,595
2009
$15,645,703
$15,371,686
$274,017
2010
$14,961,263
$15,622,499
-$661,236
2011
$16,926,469
$15,423,194
$1,503,275
2012
$15,710,021
$17,400,643
-$1,690,622
2013
$16,357,727
$16,338,975
$18,752
2014
$16,723,730
$16,444,062
$279,668
2015
$17,016,261
$21,181,477
-$4,165,216
2016
$16,908,471
$17,232,240
-$323,769
2017
$18,616,392
$17,345,924
$1,270,468
Total
$165,122,628
$167,230,696
-$2,108,068
10-year change (%)
14.5
16.6
N/M
Illinois Local Education Agency Retrieval Network

ORGANIZATIONS IN THIS STORY

!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