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East Central Reporter

Saturday, November 23, 2024

How much has Arthur CUSD 305 overspent over the past 10 years?

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Arthur Community Unified School District 305 accumulated $4.58 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, Arthur CUSD 305 reported 176.4 percent more revenue. At the same time, total spending went up 155 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,584,311
$4,753,018
-$168,707
2009
$4,892,174
$4,993,117
-$100,943
2010
$4,918,147
$5,101,652
-$183,505
2011
$4,871,948
$5,314,259
-$442,311
2012
$4,574,788
$5,504,499
-$929,711
2013
$8,576,628
$9,311,033
-$734,405
2014
$9,808,676
$10,195,851
-$387,175
2015
$12,342,020
$15,079,116
-$2,737,096
2016
$13,255,798
$12,701,226
$554,572
2017
$12,670,081
$12,118,523
$551,558
Total
$80,494,571
$85,072,294
-$4,577,723
10-year change (%)
176.4
155
N/M
Illinois Local Education Agency Retrieval Network

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