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East Central Reporter

Wednesday, April 24, 2024

How much has Tuscola CUSD 301 overspent over the past 10 years?

Highschool07

Tuscola Community Unit School District 301 accumulated $6.28 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, Tuscola CUSD 301 reported 20.5 percent more revenue. At the same time, total spending went up 14.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,572,052
$9,013,298
-$441,246
2009
$8,713,232
$9,876,801
-$1,163,569
2010
$8,532,669
$11,572,060
-$3,039,391
2011
$10,021,550
$10,587,799
-$566,249
2012
$9,607,078
$9,322,712
$284,366
2013
$10,252,629
$13,243,413
-$2,990,784
2014
$13,307,054
$9,486,118
$3,820,936
2015
$8,546,768
$11,016,005
-$2,469,237
2016
$10,668,200
$10,394,061
$274,139
2017
$10,328,302
$10,315,115
$13,187
Total
$98,549,534
$104,827,382
-$6,277,848
10-year change (%)
20.5
14.4
N/M
Illinois Local Education Agency Retrieval Network

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