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Peoria Standard

Monday, November 25, 2024

How much has East Peoria CHSD 309 overspent over the past 10 years?

Highschool089

East Peoria Community High School District 309 accumulated $31.56 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, East Peoria CHSD 309 reported 1.3 percent more revenue. At the same time, total spending went up 13.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,614,928
$14,094,775
$520,153
2009
$14,817,718
$17,924,406
-$3,106,688
2010
$14,405,586
$21,360,470
-$6,954,884
2011
$14,620,986
$16,188,480
-$1,567,494
2012
$14,545,932
$14,981,462
-$435,530
2013
$14,699,377
$27,383,493
-$12,684,116
2014
$14,878,136
$16,237,726
-$1,359,590
2015
$14,482,682
$17,696,286
-$3,213,604
2016
$14,402,573
$15,944,602
-$1,542,029
2017
$14,805,144
$16,018,152
-$1,213,008
Total
$146,273,062
$177,829,852
-$31,556,790
10-year change (%)
1.3
13.7
N/M
Illinois Local Education Agency Retrieval Network

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