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Peoria Standard

Friday, November 22, 2024

How much has Fieldcrest CUSD 6 overspent over the past 10 years?

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Fieldcrest Community Unit School District 6 accumulated $1.57 million in debt between fiscal years 2008 and 2017, according to a Peoria Standard 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, Fieldcrest CUSD 6 reported 11.3 percent more revenue. At the same time, total spending went up 16.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,148,136
$10,699,779
$448,357
2009
$11,644,666
$11,769,818
-$125,152
2010
$12,204,833
$12,430,765
-$225,932
2011
$13,197,190
$12,407,495
$789,695
2012
$11,943,716
$12,348,173
-$404,457
2013
$12,138,499
$13,265,315
-$1,126,816
2014
$12,041,872
$13,056,620
-$1,014,748
2015
$12,638,582
$12,576,867
$61,715
2016
$12,354,892
$12,317,597
$37,295
2017
$12,410,565
$12,420,699
-$10,134
Total
$121,722,951
$123,293,128
-$1,570,177
10-year change (%)
11.3
16.1
N/M
Illinois Local Education Agency Retrieval Network

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