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McLean County Times

Monday, November 25, 2024

Which McLean County school districts benefit most from state pension subsidies?

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Rooks Creek CCSD 425 in Graymont receives $728 per student from the state to fund pensions for public school teachers and administrators – the most in McLean County, according to a Wirepoints analysis of Teacher Retirement System data.

At the bottom, Olympia CUSD 16 in Stanford receives $398 per student.

Wirepoints examined the system in which school districts pay salaries to teachers and administrators, but not pensions, which are funded by state tax dollars.

"It’s a scheme that allows districts to spend more money on salaries and perks than they otherwise would," Wirepoints reported. "Wealthy districts – like those on the North Shore – benefit far more from the state’s pension payments than poor districts do."

Almost 50 percent of what the state pays toward education has gone to teacher pensions in recent years, according to Wirepoints. Bigger pensions in wealthy districts means there’s less money to adequately fund districts with less property wealth.

Rooks Creek CCSD 425, which relies on the state for 12 percent of its revenue and spends $15,706 per student, ranks 95 out of 848 districts for how much the state provides per student toward pensions.

Olympia CUSD 16 relies on the state for 21 percent of its revenue and spends $10,412 per student. It ranks 695th in the state.

The analysis shows Rondout SD 72 in Lake County received the biggest subsidy in the state and Earlville CUSD 9 in LaSalle County received the smallest subsidy.

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McLean County districts receiving state-provided pension subsidies

DistrictCountyCityAverage daily attendancePercent of district revenue provided by the stateEAV (taxable property) per studentDistrict spending per student  State-provided pension subsidy per student* 
Rooks Creek CCSD 425LivingstonGraymont4912%$318,177$15,706$728
Dwight Twp HSD 230LivingstonDwight25216%$389,928$15,846$677
Odell CCSD 435LivingstonOdell13729%$141,792$13,083$636
Saunemin CCSD 438LivingstonSaunemin10433%$101,763$13,812$614
Pontiac Twp HSD 90LivingstonPontiac66023%$283,739$12,459$600
Flanagan-Cornell Dist 74LivingstonFlanagan31723%$199,140$12,497$594
Tri Point CUSD

6-J

LivingstonKempton34318%$182,444$15,360$562
Lexington CUSD 7McLeanLexington44218%$159,256$11,704$545
Pontiac CCSD 429LivingstonPontiac1,10234%$146,859$10,520$535
Cornell CCSD 426LivingstonCornell9820%$198,638$11,669$522
Tri Valley CUSD 3McLeanDowns93218%$159,687$11,321$514
Bloomington SD 87McLeanBloomington4,80115%$173,418$11,969$511
Ridgeview

CUSD 19

McLeanColfax54710%$206,863$10,781$508
Prairie Central CUSD 8LivingstonFairbury1,83030%$112,323$11,225$505
LeRoy CUSD 2McLeanLe Roy74424%$135,178$10,412$476
Heyworth

CUSD 4

McLeanHeyworth88634%$95,454$9,751$463
Woodland

CUSD 5

LivingstonStreator48525%$105,098$11,405$446
McLean County USD 5McLeanNormal12,61317%$165,765$10,189$440
Dwight Common SD 232LivingstonDwight48419%$212,086$8,670$400
Olympia CUSD 16McLeanStanford1,69021%$161,273$10,412$398
Source: Source: Illinois State Board of Education, ILEARN data 2016; Total earnings data received from a 2018 FOIA request to the Teachers' Retirement System; TRS actuarial report 2017; Wirepoints calculations

*Proxy of the pension subsidy provided to each school district. District subsidy is calculated by taking the TRS employer normal cost in 2017 ($871 million) and multiplying it by each district's share of TRS total employee earnings. To calculate the subsidy per student, each district's share is divided by their average daily attendance.

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