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Friday, February 21, 2020

How much has Itasca SD 10 overspent over the past 10 years?

Schools

By Local Labs News Service | Jul 31, 2018

Shutterstock 84230779

Itasca School District 10 accumulated $4.23 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, Itasca SD 10 reported 21.8 percent more revenue. At the same time, total spending went up 4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,158,517
$11,714,516
-$555,999
2009
$11,242,377
$12,637,990
-$1,395,613
2010
$12,123,183
$12,084,532
$38,651
2011
$12,307,824
$11,487,015
$820,809
2012
$12,654,759
$13,536,474
-$881,715
2013
$12,002,285
$13,232,612
-$1,230,327
2014
$13,039,146
$13,756,737
-$717,591
2015
$12,967,440
$15,219,527
-$2,252,087
2016
$13,214,303
$12,676,589
$537,714
2017
$13,590,363
$12,186,894
$1,403,469
Total
$124,300,197
$128,532,886
-$4,232,689
10-year change (%)
21.8
4
N/M
Illinois Local Education Agency Retrieval Network

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Organizations in this Story

Itasca School District 10

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