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Monday, November 25, 2024

How much has West Lincoln-Broadwell ESD 92 overspent over the past 10 years?

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West Lincoln-Broadwell Elementary School District 92 accumulated $3.86 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, West Lincoln-Broadwell ESD 92 reported 23.6 percent more revenue. At the same time, total spending went up 95 percent. The resulting deficit grew by 1,766.9 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,991,958
$2,077,066
-$85,108
2009
$2,059,724
$2,790,830
-$731,106
2010
$1,977,145
$3,061,010
-$1,083,865
2011
$2,284,890
$2,347,691
-$62,801
2012
$2,173,376
$2,221,070
-$47,694
2013
$2,306,564
$2,214,325
$92,239
2014
$2,137,894
$2,213,245
-$75,351
2015
$2,144,575
$2,346,798
-$202,223
2016
$2,539,387
$2,617,064
-$77,677
2017
$2,461,295
$4,050,167
-$1,588,872
Total
$22,076,808
$25,939,266
-$3,862,458
10-year change (%)
23.6
95
1,766.9
Illinois Local Education Agency Retrieval Network

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