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Peoria Standard

Monday, November 25, 2024

How much has Washington SD 52 overspent over the past 10 years?

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Washington School District 52 accumulated $5.30 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 SD 52 reported 22.7 percent more revenue. At the same time, total spending went up 20.3 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,379,054
$6,140,465
$238,589
2009
$6,354,349
$6,569,627
-$215,278
2010
$6,767,160
$7,532,211
-$765,051
2011
$6,904,846
$6,961,513
-$56,667
2012
$6,663,867
$6,824,418
-$160,551
2013
$6,943,373
$7,691,767
-$748,394
2014
$7,356,325
$9,806,623
-$2,450,298
2015
$7,177,212
$8,008,402
-$831,190
2016
$7,362,805
$8,111,168
-$748,363
2017
$7,826,901
$7,387,904
$438,997
Total
$69,735,892
$75,034,098
-$5,298,206
10-year change (%)
22.7
20.3
N/M
Illinois Local Education Agency Retrieval Network

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