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Peoria Standard

Monday, November 25, 2024

How much has Spring Lake CCSD 606 overspent over the past 10 years?

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Spring Lake Community Consolidated School District 606 accumulated $213,853 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, Spring Lake CCSD 606 reported 6.4 percent more revenue. At the same time, total spending went up 5.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$752,456
$711,590
$40,866
2009
$759,904
$761,329
-$1,425
2010
$721,173
$804,140
-$82,967
2011
$716,749
$777,287
-$60,538
2012
$657,055
$729,040
-$71,985
2013
$647,289
$751,093
-$103,804
2014
$705,135
$826,798
-$121,663
2015
$831,721
$776,281
$55,440
2016
$807,805
$727,472
$80,333
2017
$800,723
$748,833
$51,890
Total
$7,400,010
$7,613,863
-$213,853
10-year change (%)
6.4
5.2
N/M
Illinois Local Education Agency Retrieval Network

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