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Peoria Standard

Monday, November 25, 2024

How much has El Paso-Gridley CUSD 11 overspent over the past 10 years?

Hs 06

El Paso Gridley Community Unit School District 11 accumulated $8.85 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, El Paso-Gridley CUSD 11 reported 4.6 percent more revenue. At the same time, total spending went up 25.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,478,998
$12,432,245
$46,753
2009
$16,315,872
$13,968,007
$2,347,865
2010
$13,677,866
$13,860,459
-$182,593
2011
$11,267,372
$13,854,812
-$2,587,440
2012
$13,980,569
$13,945,726
$34,843
2013
$13,522,773
$14,272,842
-$750,069
2014
$13,349,857
$15,333,980
-$1,984,123
2015
$12,818,967
$13,471,828
-$652,861
2016
$12,964,924
$15,526,695
-$2,561,771
2017
$13,055,554
$15,617,639
-$2,562,085
Total
$133,432,752
$142,284,233
-$8,851,481
10-year change (%)
4.6
25.6
N/M
Illinois Local Education Agency Retrieval Network

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