Quantcast

North Egypt News

Friday, April 19, 2024

Which North Egypt school districts benefit most from state pension subsidies?

Hs 08

Akin CCSD 91 in Akin receives $681 per student from the state to fund pensions for public school teachers and administrators – the most in North Egypt, according to a Wirepoints analysis of Teacher Retirement System data.

At the bottom, Farrington CCSD 99 in Bluford receives $290 per student.

Wirepoints examined the system in which school districts pay salaries to teachers and administrators, but not pensions, which are funded by state tax dollars.

"It’s a scheme that allows districts to spend more money on salaries and perks than they otherwise would," Wirepoints reported. "Wealthy districts – like those on the North Shore – benefit far more from the state’s pension payments than poor districts do."

Almost 50 percent of what the state pays toward education has gone to teacher pensions in recent years, according to Wirepoints. Bigger pensions in wealthy districts means there’s less money to adequately fund districts with less property wealth.

Akin CCSD 91, which relies on the state for 14 percent of its revenue and spends $13,185 per student, ranks 129 out of 848 districts for how much the state provides per student toward pensions.

Farrington CCSD 99 relies on the state for 57 percent of its revenue and spends $7,236 per student. It ranks 846th in the state.

The analysis shows Rondout SD 72 in Lake County received the biggest subsidy in the state and Earlville CUSD 9 in LaSalle County received the smallest subsidy.

--

North Egypt districts receiving state-provided pension subsidies

DistrictCountyCityAverage daily attendancePercent of district revenue provided by the stateEAV (taxable property) per studentDistrict spending per student  State-provided pension subsidy per student* 
Akin CCSD 91FranklinAkin8514%$532,265$13,185$681
Benton Cons HSD 103FranklinBenton51437%$175,908$12,533$584
Mt Vernon Twp HSD 201JeffersonMount Vernon89072%$375,521$14,784$561
Zeigler-Royalton CUSD 188FranklinZeigler53868%$42,522$11,086$536
Ewing Northern CCSD 115FranklinEwing17947%$112,172$10,558$504
Woodlawn Unit School District 209JeffersonWoodlawn46543%$72,603$9,921$484
Mount Vernon SD 80JeffersonMt Vernon1,44043%$120,809$11,720$484
Christopher USD 99FranklinChristopher72262%$41,472$9,999$483
Frankfort CUSD 168FranklinWest Frankfort1,54862%$56,491$10,367$466
Sesser-Valier CUSD 196FranklinSesser61158%$48,159$9,427$452
Opdyke-Belle-Rive CCSD 5JeffersonOpdyke16751%$99,862$9,979$417
Thompsonville CUSD 174FranklinThompsonville29355%$63,884$8,306$411
Summersville SD 79JeffersonMt Vernon23952%$98,955$8,050$410
Bethel SD 82JeffersonMt Vernon15740%$124,068$9,170$405
Rome CCSD 2JeffersonDix30461%$98,324$7,973$401
McClellan CCSD 12JeffersonMt Vernon6644%$194,607$8,108$400
Benton CCSD 47FranklinBenton1,08154%$89,385$8,103$397
Waltonville

CUSD 1

JeffersonWaltonville32645%$85,111$9,454$395
Spring Garden CCSD 178JeffersonMt Vernon23155%$98,484$9,165$384
Field CCSD 3JeffersonTexico24865%$105,610$7,996$379
Grand Prairie CCSD 6JeffersonCentralia8454%$110,830$8,261$355
Bluford Unit School District 318JeffersonBluford36756%$73,075$8,280$304
Farrington CCSD 99JeffersonBluford7257%$89,981$7,236$290
Source: Source: Illinois State Board of Education, ILEARN data 2016; Total earnings data received from a 2018 FOIA request to the Teachers' Retirement System; TRS actuarial report 2017; Wirepoints calculations

*Proxy of the pension subsidy provided to each school district. District subsidy is calculated by taking the TRS employer normal cost in 2017 ($871 million) and multiplying it by each district's share of TRS total employee earnings. To calculate the subsidy per student, each district's share is divided by their average daily attendance.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS