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East Central Reporter

Friday, April 26, 2024

How much has Teutopolis CUSD 50 overspent over the past 10 years?

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Teutopolis Community Unit School District 50 accumulated $3.20 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, Teutopolis CUSD 50 reported 10.6 percent less revenue. At the same time, total spending went down 9.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,322,548
$9,900,022
$422,526
2009
$10,139,074
$12,360,929
-$2,221,855
2010
$10,416,967
$13,347,263
-$2,930,296
2011
$10,913,385
$9,954,919
$958,466
2012
$9,820,719
$9,614,763
$205,956
2013
$9,256,249
$9,554,471
-$298,222
2014
$9,394,424
$9,013,725
$380,699
2015
$9,030,201
$9,035,602
-$5,401
2016
$8,842,248
$8,867,545
-$25,297
2017
$9,229,794
$8,920,978
$308,816
Total
$97,365,609
$100,570,217
-$3,204,608
10-year change (%)
-10.6
-9.9
N/M
Illinois Local Education Agency Retrieval Network

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