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Peoria Standard

Friday, November 22, 2024

How much has Peoria SD 150 overspent over the past 10 years?

Hs 09

Peoria School District 150 accumulated $20.30 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, Peoria SD 150 reported 9.3 percent more revenue. At the same time, total spending went up 5.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$166,609,659
$166,503,198
$106,461
2009
$163,393,560
$178,842,222
-$15,448,662
2010
$167,101,926
$179,943,519
-$12,841,593
2011
$179,331,526
$174,012,033
$5,319,493
2012
$221,438,412
$178,105,333
$43,333,079
2013
$177,355,552
$182,967,423
-$5,611,871
2014
$172,800,164
$193,816,631
-$21,016,467
2015
$167,878,417
$183,265,514
-$15,387,097
2016
$171,080,707
$175,600,486
-$4,519,779
2017
$182,043,353
$176,272,192
$5,771,161
Total
$1,769,033,276
$1,789,328,551
-$20,295,275
10-year change (%)
9.3
5.9
N/M
Illinois Local Education Agency Retrieval Network

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