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Peoria Standard

Friday, April 26, 2024

How much has Illini Bluffs CUSD 327 overspent over the past 10 years?

Highschool089

Illini Bluffs Community Unit School District 327 accumulated $154,607 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, Illini Bluffs CUSD 327 reported 16.6 percent more revenue. At the same time, total spending went up 14.7 percent. The resulting deficit grew by 64.8 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,499,557
$8,699,389
-$199,832
2009
$8,901,179
$8,677,002
$224,177
2010
$8,780,683
$8,914,117
-$133,434
2011
$10,014,627
$8,582,498
$1,432,129
2012
$8,867,220
$8,245,450
$621,770
2013
$8,975,942
$8,977,356
-$1,414
2014
$9,053,545
$10,058,735
-$1,005,190
2015
$8,832,847
$9,482,364
-$649,517
2016
$9,299,106
$9,672,168
-$373,062
2017
$9,908,276
$9,978,510
-$70,234
Total
$91,132,982
$91,287,589
-$154,607
10-year change (%)
16.6
14.7
-64.8
Illinois Local Education Agency Retrieval Network

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