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Tuesday, April 23, 2024

How much has Champaign CUSD 4 overspent over the past 10 years?

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Champaign Community Unit School District 4 accumulated $48.82 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, Champaign CUSD 4 reported 44.5 percent more revenue. At the same time, total spending went up 54.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$94,336,922
$90,481,945
$3,854,977
2009
$97,311,462
$102,090,902
-$4,779,440
2010
$104,074,183
$112,478,828
-$8,404,645
2011
$111,890,038
$136,356,703
-$24,466,665
2012
$114,249,880
$133,199,464
-$18,949,584
2013
$121,962,068
$132,264,371
-$10,302,303
2014
$159,309,678
$132,325,474
$26,984,204
2015
$127,551,215
$133,689,123
-$6,137,908
2016
$126,595,030
$129,746,351
-$3,151,321
2017
$136,283,783
$139,752,726
-$3,468,943
Total
$1,193,564,259
$1,242,385,887
-$48,821,628
10-year change (%)
44.5
54.5
N/M
Illinois Local Education Agency Retrieval Network

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