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McLean County Times

Saturday, November 16, 2024

How much has Dwight Twp HSD 230 overspent over the past 10 years?

Hs 01

Dwight Township High School District 230 accumulated $1.49 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, Dwight Twp HSD 230 reported 6.6 percent more revenue. At the same time, total spending went up 8.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,094,136
$4,876,881
$217,255
2009
$4,579,628
$4,542,589
$37,039
2010
$4,474,901
$5,100,155
-$625,254
2011
$5,281,074
$6,397,547
-$1,116,473
2012
$4,990,814
$5,738,691
-$747,877
2013
$5,515,768
$5,691,594
-$175,826
2014
$4,866,822
$4,493,612
$373,210
2015
$5,601,973
$5,016,395
$585,578
2016
$4,894,278
$5,082,938
-$188,660
2017
$5,431,495
$5,276,738
$154,757
Total
$50,730,889
$52,217,140
-$1,486,251
10-year change (%)
6.6
8.2
N/M
Illinois Local Education Agency Retrieval Network

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