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Friday, November 22, 2024

How much has Glenbard Twp HSD 87 overspent over the past 10 years?

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Glenbard Township High School District 87 accumulated $18.45 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, Glenbard Twp HSD 87 reported 27.6 percent more revenue. At the same time, total spending went up 49.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$118,540,671
$105,694,402
$12,846,269
2009
$123,146,699
$125,117,104
-$1,970,405
2010
$128,711,374
$128,452,055
$259,319
2011
$134,499,401
$130,508,014
$3,991,387
2012
$133,136,438
$129,529,811
$3,606,627
2013
$136,869,969
$136,698,698
$171,271
2014
$141,366,375
$137,358,752
$4,007,623
2015
$140,255,424
$147,030,701
-$6,775,277
2016
$144,937,179
$172,624,627
-$27,687,448
2017
$151,264,751
$158,167,094
-$6,902,343
Total
$1,352,728,281
$1,371,181,258
-$18,452,977
10-year change (%)
27.6
49.6
N/M
Illinois Local Education Agency Retrieval Network

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