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Peoria Standard

Monday, November 25, 2024

How much has Metamora CCSD 1 overspent over the past 10 years?

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Metamora Community Consolidated School District 1 accumulated $6.64 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, Metamora CCSD 1 reported 15.1 percent more revenue. At the same time, total spending went up 21.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,143,241
$5,940,710
$202,531
2009
$6,476,124
$6,524,278
-$48,154
2010
$6,664,272
$9,665,371
-$3,001,099
2011
$7,068,785
$9,080,587
-$2,011,802
2012
$6,741,452
$7,091,983
-$350,531
2013
$6,833,942
$7,077,824
-$243,882
2014
$6,911,576
$7,317,977
-$406,401
2015
$6,565,581
$7,147,873
-$582,292
2016
$6,939,861
$6,995,080
-$55,219
2017
$7,069,888
$7,216,130
-$146,242
Total
$67,414,722
$74,057,813
-$6,643,091
10-year change (%)
15.1
21.5
N/M
Illinois Local Education Agency Retrieval Network

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