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Dupage Policy Journal

Friday, April 26, 2024

How much has Hinsdale Twp HSD 86 overspent over the past 10 years?

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Hinsdale Township High School District 86 accumulated $27.43 million in debt between fiscal years 2008 and 2017, according to a DuPage Policy Journal 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, Hinsdale Twp HSD 86 reported 18.9 percent more revenue. At the same time, total spending went up 28.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$75,897,612
$73,196,401
$2,701,211
2009
$79,194,141
$77,853,719
$1,340,422
2010
$79,767,746
$80,616,866
-$849,120
2011
$80,773,564
$85,458,717
-$4,685,153
2012
$82,682,137
$86,832,980
-$4,150,843
2013
$85,313,203
$98,217,515
-$12,904,312
2014
$86,604,866
$85,670,809
$934,057
2015
$87,624,835
$89,010,190
-$1,385,355
2016
$89,810,738
$94,636,918
-$4,826,180
2017
$90,206,402
$93,807,999
-$3,601,597
Total
$837,875,244
$865,302,114
-$27,426,870
10-year change (%)
18.9
28.2
N/M
Illinois Local Education Agency Retrieval Network

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