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Monday, November 25, 2024

How much has Ball Chatham CUSD 5 overspent over the past 10 years?

Highschool089

Ball Chatham Community Unit School District 5 accumulated $72.95 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, Ball Chatham CUSD 5 reported 23.2 percent more revenue. At the same time, total spending went up 16.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$37,714,732
$37,873,100
-$158,368
2009
$41,444,822
$38,123,435
$3,321,387
2010
$41,709,858
$49,995,202
-$8,285,344
2011
$43,671,700
$59,542,865
-$15,871,165
2012
$43,744,591
$55,008,389
-$11,263,798
2013
$44,276,575
$48,158,638
-$3,882,063
2014
$44,964,688
$62,886,493
-$17,921,805
2015
$46,080,410
$54,728,737
-$8,648,327
2016
$46,004,994
$58,554,505
-$12,549,511
2017
$46,456,005
$44,142,414
$2,313,591
Total
$436,068,375
$509,013,778
-$72,945,403
10-year change (%)
23.2
16.6
N/M
Illinois Local Education Agency Retrieval Network

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