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South Central Reporter

Thursday, May 2, 2024

How much has Ramsey CUSD 204 overspent over the past 10 years?

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Ramsey Community Unit School District 204 accumulated $550,858 in debt between fiscal years 2008 and 2017, according to a South Central Reporter 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, Ramsey CUSD 204 reported 1.1 percent less revenue. At the same time, total spending went up 19.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,227,894
$3,708,241
$519,653
2009
$4,481,539
$4,090,754
$390,785
2010
$4,489,579
$4,655,741
-$166,162
2011
$5,210,811
$4,202,133
$1,008,678
2012
$4,339,409
$4,988,274
-$648,865
2013
$6,055,508
$5,230,605
$824,903
2014
$6,151,602
$7,961,028
-$1,809,426
2015
$4,451,974
$4,815,366
-$363,392
2016
$4,252,559
$4,309,576
-$57,017
2017
$4,181,902
$4,431,917
-$250,015
Total
$47,842,777
$48,393,635
-$550,858
10-year change (%)
-1.1
19.5
N/M
Illinois Local Education Agency Retrieval Network

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