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East Central Reporter

Saturday, November 23, 2024

How much has Casey-Westfield CUSD 4C overspent over the past 10 years?

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Casey Westfield Community Unit School District 4C accumulated $8.76 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, Casey-Westfield CUSD 4C reported 7.8 percent less revenue. At the same time, total spending went down 11.5 percent. The resulting deficit shrunk by 44.5 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,580,749
$10,656,052
-$1,075,303
2009
$10,496,643
$15,151,561
-$4,654,918
2010
$9,900,862
$11,250,497
-$1,349,635
2011
$10,515,537
$10,647,648
-$132,111
2012
$9,259,743
$9,522,528
-$262,785
2013
$9,004,844
$9,148,015
-$143,171
2014
$9,077,898
$8,905,450
$172,448
2015
$8,582,672
$9,114,376
-$531,704
2016
$8,874,350
$9,062,670
-$188,320
2017
$8,838,421
$9,435,027
-$596,606
Total
$94,131,719
$102,893,824
-$8,762,105
10-year change (%)
-7.8
-11.5
-44.5
Illinois Local Education Agency Retrieval Network

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