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East Central Reporter

Friday, May 17, 2024

How much has Beecher City CUSD 20 overspent over the past 10 years?

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Beecher City Community Unit School District 20 accumulated $2.83 million in debt between fiscal years 2008 and 2017, according to a East Central Reporter 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, Beecher City CUSD 20 reported 22.6 percent less revenue. At the same time, total spending went down 4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,562,594
$3,644,840
$917,754
2009
$4,480,910
$4,108,841
$372,069
2010
$4,349,615
$4,546,489
-$196,874
2011
$4,579,433
$3,722,939
$856,494
2012
$3,678,491
$3,923,814
-$245,323
2013
$3,557,096
$3,633,113
-$76,017
2014
$3,478,073
$3,436,897
$41,176
2015
$3,198,525
$5,401,344
-$2,202,819
2016
$3,379,027
$5,704,182
-$2,325,155
2017
$3,530,295
$3,498,561
$31,734
Total
$38,794,059
$41,621,020
-$2,826,961
10-year change (%)
-22.6
-4
N/M
Illinois Local Education Agency Retrieval Network

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