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Peoria Standard

Friday, April 26, 2024

How much has Washington CHSD 308 overspent over the past 10 years?

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Washington Community High School District 308 accumulated $16.04 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, Washington CHSD 308 reported 36 percent more revenue. At the same time, total spending went up 46.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,947,286
$11,660,718
$1,286,568
2009
$13,322,085
$12,533,554
$788,531
2010
$13,848,773
$13,691,863
$156,910
2011
$15,055,849
$18,244,295
-$3,188,446
2012
$15,372,583
$21,545,379
-$6,172,796
2013
$15,258,521
$21,067,637
-$5,809,116
2014
$15,509,506
$16,529,208
-$1,019,702
2015
$15,681,271
$18,680,519
-$2,999,248
2016
$15,964,915
$15,618,634
$346,281
2017
$17,610,880
$17,043,953
$566,927
Total
$150,571,669
$166,615,760
-$16,044,091
10-year change (%)
36
46.2
N/M
Illinois Local Education Agency Retrieval Network

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