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McLean County Times

Saturday, November 16, 2024

How much has Dwight Common SD 232 overspent over the past 10 years?

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Dwight Common School District 232 accumulated $307,508 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, Dwight Common SD 232 reported 6 percent more revenue. At the same time, total spending went up 16.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,089,936
$4,932,619
$157,317
2009
$4,947,761
$5,153,635
-$205,874
2010
$4,840,921
$5,281,390
-$440,469
2011
$4,745,119
$4,815,282
-$70,163
2012
$5,094,157
$5,229,423
-$135,266
2013
$5,491,602
$5,066,576
$425,026
2014
$5,231,835
$4,983,878
$247,957
2015
$5,268,116
$5,321,265
-$53,149
2016
$5,393,219
$5,281,966
$111,253
2017
$5,395,188
$5,739,328
-$344,140
Total
$51,497,854
$51,805,362
-$307,508
10-year change (%)
6
16.4
N/M
Illinois Local Education Agency Retrieval Network

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