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Peoria Standard

Friday, April 26, 2024

How much has Riverview CCSD 2 overspent over the past 10 years?

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Riverview Community Consolidated School District 2 accumulated $78,542 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, Riverview CCSD 2 reported 9.9 percent less revenue. At the same time, total spending went up 8.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,341,153
$2,094,238
$246,915
2009
$2,833,220
$2,230,814
$602,406
2010
$1,800,381
$2,162,705
-$362,324
2011
$2,236,405
$2,281,065
-$44,660
2012
$2,146,416
$2,154,937
-$8,521
2013
$2,111,414
$2,439,943
-$328,529
2014
$2,279,368
$2,043,116
$236,252
2015
$1,966,836
$2,028,859
-$62,023
2016
$2,015,449
$2,202,638
-$187,189
2017
$2,109,493
$2,280,362
-$170,869
Total
$21,840,135
$21,918,677
-$78,542
10-year change (%)
-9.9
8.9
N/M
Illinois Local Education Agency Retrieval Network

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