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Thursday, April 25, 2024

How much has Danville CCSD 118 overspent over the past 10 years?

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Danville Community Consolidated School District 118 accumulated $33.24 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, Danville CCSD 118 reported 11.5 percent more revenue. At the same time, total spending went up 26.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$64,295,965
$58,513,803
$5,782,162
2009
$66,998,479
$66,494,914
$503,565
2010
$67,077,487
$66,958,111
$119,376
2011
$69,148,900
$71,817,177
-$2,668,277
2012
$72,083,423
$82,686,864
-$10,603,441
2013
$66,496,925
$78,063,968
-$11,567,043
2014
$64,967,206
$76,925,504
-$11,958,298
2015
$65,681,364
$66,182,965
-$501,601
2016
$67,254,434
$67,051,769
$202,665
2017
$71,669,161
$74,214,082
-$2,544,921
Total
$675,673,344
$708,909,157
-$33,235,813
10-year change (%)
11.5
26.8
N/M
Illinois Local Education Agency Retrieval Network

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