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East Central Reporter

Friday, November 22, 2024

How much has Hutsonville CUSD 1 overspent over the past 10 years?

Highschoolclassroom1401

Hutsonville Cusd #1 accumulated $1.12 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, Hutsonville CUSD 1 reported 8.6 percent less revenue. At the same time, total spending went down 10 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,695,453
$3,574,863
$120,590
2009
$3,643,032
$3,800,563
-$157,531
2010
$3,711,129
$3,765,255
-$54,126
2011
$3,919,436
$3,775,476
$143,960
2012
$3,514,324
$3,744,769
-$230,445
2013
$3,574,144
$4,753,597
-$1,179,453
2014
$3,621,663
$3,394,293
$227,370
2015
$3,354,883
$3,618,773
-$263,890
2016
$3,342,471
$3,226,257
$116,214
2017
$3,377,610
$3,216,336
$161,274
Total
$35,754,145
$36,870,182
-$1,116,037
10-year change (%)
-8.6
-10
N/M
Illinois Local Education Agency Retrieval Network

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