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Monday, November 25, 2024

How much has Springfield SD 186 overspent over the past 10 years?

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Springfield School District 186 accumulated $163.23 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, Springfield SD 186 reported 13.8 percent more revenue. At the same time, total spending went up 15.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$171,632,117
$166,679,763
$4,952,354
2009
$174,699,211
$179,022,158
-$4,322,947
2010
$179,882,700
$196,168,169
-$16,285,469
2011
$187,616,376
$211,872,690
-$24,256,314
2012
$185,867,449
$212,481,311
-$26,613,862
2013
$187,666,851
$215,159,588
-$27,492,737
2014
$190,421,099
$258,677,975
-$68,256,876
2015
$188,756,241
$191,501,884
-$2,745,643
2016
$187,026,091
$188,408,152
-$1,382,061
2017
$195,233,455
$192,058,422
$3,175,033
Total
$1,848,801,590
$2,012,030,112
-$163,228,522
10-year change (%)
13.8
15.2
N/M
Illinois Local Education Agency Retrieval Network

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