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South Central Reporter

Thursday, May 2, 2024

How much has Carlinville CUSD 1 overspent over the past 10 years?

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Carlinville Cusd #1 accumulated $5.45 million 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, Carlinville CUSD 1 reported 4.6 percent less revenue. At the same time, total spending went up 5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$13,190,453
$12,802,308
$388,145
2009
$13,150,642
$13,234,414
-$83,772
2010
$13,988,375
$14,321,429
-$333,054
2011
$13,679,970
$13,727,347
-$47,377
2012
$12,569,056
$13,159,040
-$589,984
2013
$12,026,493
$12,649,793
-$623,300
2014
$12,425,346
$13,032,782
-$607,436
2015
$11,642,847
$13,109,794
-$1,466,947
2016
$12,315,044
$13,544,170
-$1,229,126
2017
$12,588,170
$13,442,529
-$854,359
Total
$127,576,396
$133,023,606
-$5,447,210
10-year change (%)
-4.6
5
N/M
Illinois Local Education Agency Retrieval Network

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