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Thursday, May 22, 2025

How much has Gifford CCSD 188 overspent over the past 10 years?

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Gifford Community Consolidated School District 188 accumulated $355,552 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, Gifford CCSD 188 reported 5.6 percent more revenue. At the same time, total spending went up 58.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,922,895
$1,890,755
$32,140
2009
$1,900,291
$1,574,262
$326,029
2010
$1,878,009
$1,685,451
$192,558
2011
$1,967,126
$1,654,297
$312,829
2012
$1,952,697
$1,792,835
$159,862
2013
$1,895,029
$1,747,839
$147,190
2014
$2,129,058
$1,976,151
$152,907
2015
$1,904,534
$2,349,610
-$445,076
2016
$1,699,472
$1,961,344
-$261,872
2017
$2,030,195
$3,002,314
-$972,119
Total
$19,279,306
$19,634,858
-$355,552
10-year change (%)
5.6
58.8
N/M
Illinois Local Education Agency Retrieval Network

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