Quantcast

South Central Reporter

Saturday, April 20, 2024

How much has Kell Cons SD 2 overspent over the past 10 years?

Hs 01

Kell Consolidated School District 2 accumulated $237,715 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, Kell Cons SD 2 reported 0.4 percent less revenue. At the same time, total spending went up 1 percent. The resulting deficit grew by 20.8 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$941,913
$1,007,837
-$65,924
2009
$983,756
$1,138,753
-$154,997
2010
$1,073,748
$1,098,711
-$24,963
2011
$1,108,286
$921,499
$186,787
2012
$1,014,370
$1,017,722
-$3,352
2013
$971,770
$928,797
$42,973
2014
$943,335
$974,812
-$31,477
2015
$907,330
$966,509
-$59,179
2016
$921,602
$969,581
-$47,979
2017
$938,175
$1,017,779
-$79,604
Total
$9,804,285
$10,042,000
-$237,715
10-year change (%)
-0.4
1
20.8
Illinois Local Education Agency Retrieval Network

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS