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East Central Reporter

Friday, November 22, 2024

How much has Stewardson-Strasburg CUD 5A overspent over the past 10 years?

Highschool04

Stewardson-Strasburg Community Unit School District 5A accumulated $2.90 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, Stewardson-Strasburg CUD 5A reported 7 percent less revenue. At the same time, total spending went up 0.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,783,496
$3,593,448
$190,048
2009
$3,539,443
$3,937,414
-$397,971
2010
$3,581,486
$4,106,601
-$525,115
2011
$5,044,037
$3,933,026
$1,111,011
2012
$5,261,112
$7,866,386
-$2,605,274
2013
$3,547,047
$3,610,583
-$63,536
2014
$3,642,947
$3,670,778
-$27,831
2015
$3,448,478
$3,831,311
-$382,833
2016
$3,481,717
$3,576,018
-$94,301
2017
$3,518,941
$3,626,798
-$107,857
Total
$38,848,704
$41,752,363
-$2,903,659
10-year change (%)
-7
0.9
N/M
Illinois Local Education Agency Retrieval Network

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