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Tuesday, November 5, 2024

How much has St Joseph Ogden CHSD 305 overspent over the past 10 years?

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St. Joseph - Ogden Chsd 305 accumulated $7.75 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, St Joseph Ogden CHSD 305 reported 5.1 percent more revenue. At the same time, total spending went down 54.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,270,309
$11,465,675
-$6,195,366
2009
$4,897,945
$7,636,848
-$2,738,903
2010
$4,910,023
$5,202,174
-$292,151
2011
$5,529,665
$4,870,583
$659,082
2012
$6,171,518
$5,731,148
$440,370
2013
$5,638,041
$5,610,689
$27,352
2014
$5,521,266
$5,632,182
-$110,916
2015
$5,395,376
$5,721,813
-$326,437
2016
$5,486,166
$5,021,557
$464,609
2017
$5,537,443
$5,214,082
$323,361
Total
$54,357,752
$62,106,751
-$7,748,999
10-year change (%)
5.1
-54.5
N/M
Illinois Local Education Agency Retrieval Network

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