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Friday, November 15, 2024

How much has Farrington CCSD 99 overspent over the past 10 years?

Highschool089

Farrington Community Consolidated School District 99 accumulated $131,223 in debt between fiscal years 2008 and 2017, according to a North Egypt News 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, Farrington CCSD 99 reported 26.2 percent more revenue. At the same time, total spending went up 3.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$512,343
$558,427
-$46,084
2009
$580,935
$549,115
$31,820
2010
$600,064
$660,696
-$60,632
2011
$683,271
$640,452
$42,819
2012
$541,080
$618,515
-$77,435
2013
$544,557
$561,063
-$16,506
2014
$696,363
$646,929
$49,434
2015
$556,873
$642,835
-$85,962
2016
$618,123
$653,373
-$35,250
2017
$646,750
$580,177
$66,573
Total
$5,980,359
$6,111,582
-$131,223
10-year change (%)
26.2
3.9
N/M
Illinois Local Education Agency Retrieval Network

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