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McLean County Times

Saturday, November 2, 2024

How much revenue has Cornell CCSD 426 received from state taxpayers?

Elm 07

The subsidy Cornell Community Consolidated School District 426 received through state taxes decreased 48.4 percent from fiscal year 2008 to 2017, adjusted for inflation, 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.

Adjusting for inflation, the district's share of state taxes per student went down 48 percent over the last 10 years.

State revenue
Year
Total state subsidy (nominal)
Total state subsidy (real)
9-Month Avg. Daily Attendance
State subsidy per pupil (real)
2008
$465,479
$544,610
111.51
$4,883.96
2009
$402,048
$470,396
100.38
$4,686.15
2010
$398,815
$454,649
98.53
$4,614.32
2011
$662,445
$748,563
84.65
$8,843.04
2012
$385,949
$420,684
88.97
$4,728.38
2013
$299,326
$323,272
102.29
$3,160.35
2014
$279,410
$296,175
105.63
$2,803.89
2015
$256,203
$271,575
105.91
$2,564.21
2016
$272,064
$285,667
98.23
$2,908.14
2017
$275,698
$281,212
110.62
$2,542.14
Total
$3,697,437
$4,096,803
1,006.7199999999999
$41,734.58
10-year change (%)
-40.8
-48.4
-0.8
-48
Illinois Local Education Agency Retrieval Network

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