Quantcast

Dupage Policy Journal

Sunday, June 15, 2025

How much has Gower SD 62 overspent over the past 10 years?

Hs 09

Gower School District 62 accumulated $5.83 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, Gower SD 62 reported 24.2 percent more revenue. At the same time, total spending went up 27.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,862,258
$11,829,244
$33,014
2009
$12,626,207
$11,945,503
$680,704
2010
$12,657,831
$12,096,234
$561,597
2011
$13,326,648
$12,131,697
$1,194,951
2012
$13,238,446
$13,081,273
$157,173
2013
$13,449,004
$15,230,159
-$1,781,155
2014
$13,982,946
$20,937,188
-$6,954,242
2015
$14,691,485
$13,928,363
$763,122
2016
$14,294,086
$14,465,800
-$171,714
2017
$14,731,517
$15,040,449
-$308,932
Total
$134,860,428
$140,685,910
-$5,825,482
10-year change (%)
24.2
27.1
N/M
Illinois Local Education Agency Retrieval Network

MORE NEWS