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Peoria Standard

Monday, November 25, 2024

How much has Dunlap CUSD 323 overspent over the past 10 years?

Highschoolclassroom1401

Dunlap Community Unit School District 323 accumulated $30.47 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, Dunlap CUSD 323 reported 75.4 percent more revenue. At the same time, total spending went up 25.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$27,931,081
$36,249,801
-$8,318,720
2009
$34,595,729
$31,166,069
$3,429,660
2010
$35,807,353
$32,007,714
$3,799,639
2011
$38,163,742
$37,453,387
$710,355
2012
$39,688,185
$54,534,995
-$14,846,810
2013
$41,280,576
$50,665,886
-$9,385,310
2014
$43,837,554
$54,395,591
-$10,558,037
2015
$44,054,588
$48,494,997
-$4,440,409
2016
$47,355,723
$41,832,306
$5,523,417
2017
$49,003,678
$45,389,779
$3,613,899
Total
$401,718,209
$432,190,525
-$30,472,316
10-year change (%)
75.4
25.2
N/M
Illinois Local Education Agency Retrieval Network

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