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Peoria Standard

Monday, November 25, 2024

How much has Lowpoint-Washburn CUSD 21 overspent over the past 10 years?

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Lowpoint Washburn Community Unit School District 21 accumulated $1.29 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, Lowpoint-Washburn CUSD 21 reported 14.2 percent more revenue. At the same time, total spending went up 14.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,946,239
$3,922,873
$23,366
2009
$4,065,981
$4,078,620
-$12,639
2010
$4,082,196
$4,183,366
-$101,170
2011
$4,320,046
$4,222,611
$97,435
2012
$3,969,222
$4,279,566
-$310,344
2013
$4,023,349
$4,300,184
-$276,835
2014
$4,095,545
$4,407,603
-$312,058
2015
$4,289,263
$4,590,670
-$301,407
2016
$4,488,580
$4,586,942
-$98,362
2017
$4,506,376
$4,507,949
-$1,573
Total
$41,786,797
$43,080,384
-$1,293,587
10-year change (%)
14.2
14.9
N/M
Illinois Local Education Agency Retrieval Network

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