Dupage Policy Journal

Dupage Policy Journal

Wednesday, January 22, 2020

How much has Wood Dale SD 7 overspent over the past 10 years?

Schools

By Local Labs News Service | Aug 10, 2018

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Wood Dale School District 7 accumulated $6.51 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, Wood Dale SD 7 reported 16.1 percent more revenue. At the same time, total spending went up 10 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$13,734,300
$13,582,342
$151,958
2009
$13,630,436
$17,352,971
-$3,722,535
2010
$14,402,182
$14,518,819
-$116,637
2011
$14,554,824
$14,011,355
$543,469
2012
$15,302,524
$15,264,455
$38,069
2013
$15,502,511
$16,389,597
-$887,086
2014
$16,208,674
$17,159,568
-$950,894
2015
$15,993,190
$17,974,551
-$1,981,361
2016
$15,601,959
$16,194,961
-$593,002
2017
$15,946,848
$14,937,598
$1,009,250
Total
$150,877,448
$157,386,217
-$6,508,769
10-year change (%)
16.1
10
N/M
Illinois Local Education Agency Retrieval Network

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Organizations in this Story

Wood Dale School District 7

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