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McLean County Times

Sunday, April 28, 2024

How much has Pontiac Twp HSD 90 overspent over the past 10 years?

Highschool07

Pontiac Township High School District 90 accumulated $7.45 million in debt between fiscal years 2008 and 2017, according to a McLean County Times 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, Pontiac Twp HSD 90 reported 8.4 percent more revenue. At the same time, total spending went up 7.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,417,398
$9,327,447
$89,951
2009
$9,695,454
$9,745,688
-$50,234
2010
$10,419,143
$11,022,903
-$603,760
2011
$10,328,192
$10,181,611
$146,581
2012
$9,551,092
$12,761,362
-$3,210,270
2013
$9,769,148
$13,173,611
-$3,404,463
2014
$10,421,689
$10,376,037
$45,652
2015
$10,009,643
$10,480,631
-$470,988
2016
$10,115,992
$10,327,712
-$211,720
2017
$10,211,611
$9,987,413
$224,198
Total
$99,939,362
$107,384,415
-$7,445,053
10-year change (%)
8.4
7.1
N/M
Illinois Local Education Agency Retrieval Network

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