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McLean County Times

Thursday, April 25, 2024

How much has Heyworth CUSD 4 overspent over the past 10 years?

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Heyworth Community Unit School District 4 accumulated $2.31 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, Heyworth CUSD 4 reported 35.8 percent more revenue. At the same time, total spending went up 0.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,729,173
$10,245,711
-$2,516,538
2009
$9,707,313
$10,280,989
-$573,676
2010
$9,375,425
$9,688,987
-$313,562
2011
$10,051,282
$9,423,656
$627,626
2012
$9,232,391
$9,231,905
$486
2013
$9,555,435
$9,768,680
-$213,245
2014
$9,983,540
$9,800,466
$183,074
2015
$9,899,015
$10,063,331
-$164,316
2016
$10,479,676
$10,046,125
$433,551
2017
$10,496,850
$10,271,748
$225,102
Total
$96,510,100
$98,821,598
-$2,311,498
10-year change (%)
35.8
0.2
N/M
Illinois Local Education Agency Retrieval Network

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