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Monday, November 25, 2024

How much has South Pekin SD 137 overspent over the past 10 years?

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South Pekin School District 137 accumulated $749,643 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, South Pekin SD 137 reported 14.6 percent more revenue. At the same time, total spending went down 1.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,029,037
$2,210,779
-$181,742
2009
$2,086,484
$2,184,873
-$98,389
2010
$2,134,219
$2,084,768
$49,451
2011
$2,388,878
$2,256,632
$132,246
2012
$2,078,999
$2,933,151
-$854,152
2013
$2,172,995
$2,187,697
-$14,702
2014
$2,139,254
$2,115,352
$23,902
2015
$2,028,155
$2,063,380
-$35,225
2016
$2,294,366
$2,210,517
$83,849
2017
$2,325,687
$2,180,568
$145,119
Total
$21,678,074
$22,427,717
-$749,643
10-year change (%)
14.6
-1.4
N/M
Illinois Local Education Agency Retrieval Network

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