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East Central Reporter

Saturday, November 23, 2024

How much has Cumberland CUSD 77 overspent over the past 10 years?

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Cumberland Community Unit School District 77 accumulated $3.22 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, Cumberland CUSD 77 reported 8.7 percent more revenue. At the same time, total spending went up 3.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,148,043
$8,234,330
-$86,287
2009
$8,444,449
$9,359,191
-$914,742
2010
$8,805,254
$10,131,934
-$1,326,680
2011
$9,274,356
$8,926,668
$347,688
2012
$8,336,610
$8,345,120
-$8,510
2013
$8,319,568
$8,782,598
-$463,030
2014
$8,229,801
$8,126,442
$103,359
2015
$8,264,892
$8,404,985
-$140,093
2016
$8,448,876
$9,478,667
-$1,029,791
2017
$8,855,729
$8,556,465
$299,264
Total
$85,127,578
$88,346,400
-$3,218,822
10-year change (%)
8.7
3.9
N/M
Illinois Local Education Agency Retrieval Network

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