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South Central Reporter

Sunday, April 20, 2025

How much has Sandoval CUSD 501 overspent over the past 10 years?

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Sandoval Community Unit School District 501 accumulated $694,679 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, Sandoval CUSD 501 reported 14.9 percent more revenue. At the same time, total spending went up 19 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,809,925
$4,709,133
$100,792
2009
$4,802,406
$5,775,958
-$973,552
2010
$5,037,924
$5,205,263
-$167,339
2011
$5,274,610
$4,802,170
$472,440
2012
$5,573,394
$6,014,356
-$440,962
2013
$6,066,548
$6,399,826
-$333,278
2014
$5,970,244
$5,812,205
$158,039
2015
$5,187,932
$4,977,603
$210,329
2016
$5,208,373
$4,852,712
$355,661
2017
$5,528,317
$5,605,126
-$76,809
Total
$53,459,673
$54,154,352
-$694,679
10-year change (%)
14.9
19
N/M
Illinois Local Education Agency Retrieval Network

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