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South Central Reporter

Thursday, April 17, 2025

How much has Damiansville SD 62 overspent over the past 10 years?

Highschool089

Damiansville School District 62 accumulated $1.24 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, Damiansville SD 62 reported 12.2 percent more revenue. At the same time, total spending went down 3.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$859,695
$934,701
-$75,006
2009
$963,498
$960,104
$3,394
2010
$891,913
$978,063
-$86,150
2011
$976,645
$1,028,817
-$52,172
2012
$1,002,730
$2,299,161
-$1,296,431
2013
$1,019,073
$971,794
$47,279
2014
$1,003,279
$868,721
$134,558
2015
$950,738
$994,249
-$43,511
2016
$950,173
$890,810
$59,363
2017
$964,625
$897,927
$66,698
Total
$9,582,369
$10,824,347
-$1,241,978
10-year change (%)
12.2
-3.9
N/M
Illinois Local Education Agency Retrieval Network

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