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Dupage Policy Journal

Wednesday, April 24, 2024

How much has Marquardt SD 15 overspent over the past 10 years?

Highschool089

Marquardt School District 15 accumulated $12.72 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, Marquardt SD 15 reported 51.7 percent more revenue. At the same time, total spending went up 170.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$32,887,170
$29,097,081
$3,790,089
2009
$33,674,777
$30,414,325
$3,260,452
2010
$34,983,281
$32,650,466
$2,332,815
2011
$35,993,058
$33,093,860
$2,899,198
2012
$37,933,686
$35,510,734
$2,422,952
2013
$38,714,933
$48,054,888
-$9,339,955
2014
$41,782,710
$41,158,893
$623,817
2015
$45,423,395
$40,396,167
$5,027,228
2016
$46,114,100
$41,114,388
$4,999,712
2017
$49,897,689
$78,631,949
-$28,734,260
Total
$397,404,799
$410,122,751
-$12,717,952
10-year change (%)
51.7
170.2
N/M
Illinois Local Education Agency Retrieval Network

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