Dupage Policy Journal

Dupage Policy Journal

Thursday, October 17, 2019

How much has Elmhurst SD 205 overspent over the past 10 years?

Schools

By Local Labs News Service | Aug 15, 2018


Elmhurst School District 205 accumulated $28.14 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, Elmhurst SD 205 reported 31.8 percent more revenue. At the same time, total spending went up 31.7 percent. The resulting deficit grew by 30.7 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$98,849,390
$113,721,569
-$14,872,179
2009
$101,504,437
$104,481,008
-$2,976,571
2010
$106,048,998
$111,437,668
-$5,388,670
2011
$110,121,720
$106,303,567
$3,818,153
2012
$109,116,530
$105,733,149
$3,383,381
2013
$115,087,485
$111,950,550
$3,136,935
2014
$114,335,159
$119,837,927
-$5,502,768
2015
$123,244,513
$119,436,996
$3,807,517
2016
$127,130,292
$121,244,473
$5,885,819
2017
$130,326,489
$149,758,980
-$19,432,491
Total
$1,135,765,013
$1,163,905,887
-$28,140,874
10-year change (%)
31.8
31.7
30.7
Illinois Local Education Agency Retrieval Network

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Elmhurst Community Unit School District 205

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