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Friday, April 26, 2024

How much has Crystal Lake CCSD 47 overspent over the past 10 years?

Highschool089

Crystal Lake Community Consolidated School District 47 accumulated $7.13 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, Crystal Lake CCSD 47 reported 12 percent more revenue. At the same time, total spending went up 23.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$84,969,472
$78,526,367
$6,443,105
2009
$84,195,961
$81,826,199
$2,369,762
2010
$81,541,611
$85,036,786
-$3,495,175
2011
$83,126,230
$89,367,098
-$6,240,868
2012
$82,509,312
$88,979,701
-$6,470,389
2013
$85,249,558
$88,647,543
-$3,397,985
2014
$86,438,568
$88,858,620
-$2,420,052
2015
$91,101,881
$88,012,559
$3,089,322
2016
$94,208,904
$89,495,639
$4,713,265
2017
$95,155,776
$96,877,873
-$1,722,097
Total
$868,497,273
$875,628,385
-$7,131,112
10-year change (%)
12
23.4
N/M
Illinois Local Education Agency Retrieval Network

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