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Friday, November 22, 2024

How much has Spring Valley CCSD 99 overspent over the past 10 years?

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Spring Valley Community Consolidated School District 99 accumulated $9.13 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, Spring Valley CCSD 99 reported 21.4 percent more revenue. At the same time, total spending went up 28.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,349,540
$5,247,591
$101,949
2009
$5,524,267
$5,711,372
-$187,105
2010
$6,245,345
$11,079,263
-$4,833,918
2011
$6,827,623
$5,825,475
$1,002,148
2012
$6,168,365
$5,945,987
$222,378
2013
$6,441,999
$7,058,391
-$616,392
2014
$17,126,798
$18,842,921
-$1,716,123
2015
$7,391,628
$9,665,263
-$2,273,635
2016
$6,273,879
$6,847,003
-$573,124
2017
$6,494,183
$6,746,609
-$252,426
Total
$73,843,627
$82,969,875
-$9,126,248
10-year change (%)
21.4
28.6
N/M
Illinois Local Education Agency Retrieval Network

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