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Friday, November 15, 2024

How much has Thompsonville CUSD 174 overspent over the past 10 years?

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Thompsonville Community Unit School District 174 accumulated $1.08 million 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, Thompsonville CUSD 174 reported 1.7 percent more revenue. At the same time, total spending went down 5.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,874,026
$3,007,708
-$133,682
2009
$2,893,128
$2,970,577
-$77,449
2010
$2,883,936
$3,237,359
-$353,423
2011
$3,065,949
$2,878,405
$187,544
2012
$2,705,212
$2,753,421
-$48,209
2013
$2,745,128
$2,820,780
-$75,652
2014
$2,800,875
$3,469,595
-$668,720
2015
$2,790,216
$2,752,174
$38,042
2016
$2,934,961
$2,952,918
-$17,957
2017
$2,923,580
$2,851,939
$71,641
Total
$28,617,011
$29,694,876
-$1,077,865
10-year change (%)
1.7
-5.2
N/M
Illinois Local Education Agency Retrieval Network

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