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Peoria Standard

Monday, November 25, 2024

How much has Eureka CUD 140 overspent over the past 10 years?

Highschool07

Eureka Community Unit School District 140 accumulated $3.26 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, Eureka CUD 140 reported 16.9 percent more revenue. At the same time, total spending went up 19.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,068,906
$12,997,737
$1,071,169
2009
$17,438,446
$13,498,682
$3,939,764
2010
$10,591,401
$13,271,160
-$2,679,759
2011
$14,224,430
$14,425,700
-$201,270
2012
$12,888,265
$14,818,800
-$1,930,535
2013
$12,870,901
$15,435,494
-$2,564,593
2014
$14,234,383
$14,708,105
-$473,722
2015
$13,826,481
$15,167,586
-$1,341,105
2016
$14,845,602
$14,825,784
$19,818
2017
$16,448,508
$15,548,644
$899,864
Total
$141,437,323
$144,697,692
-$3,260,369
10-year change (%)
16.9
19.6
N/M
Illinois Local Education Agency Retrieval Network

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