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Tuesday, November 26, 2024

How much has Auburn CUSD 10 overspent over the past 10 years?

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Auburn Community Unit School District 10 accumulated $7.35 million in debt between fiscal years 2008 and 2017, according to a Sangamon Sun 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, Auburn CUSD 10 reported 6 percent less revenue. At the same time, total spending went up 1.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,228,039
$11,623,506
$604,533
2009
$12,004,887
$11,786,379
$218,508
2010
$12,874,957
$14,892,305
-$2,017,348
2011
$14,413,992
$12,154,907
$2,259,085
2012
$12,454,719
$13,007,020
-$552,301
2013
$13,387,001
$12,685,116
$701,885
2014
$12,137,012
$11,867,548
$269,464
2015
$11,695,147
$16,796,380
-$5,101,233
2016
$11,392,523
$14,823,485
-$3,430,962
2017
$11,498,617
$11,797,937
-$299,320
Total
$124,086,894
$131,434,583
-$7,347,689
10-year change (%)
-6
1.5
N/M
Illinois Local Education Agency Retrieval Network

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