Quantcast

South Central Reporter

Sunday, July 20, 2025

How much has South Central CUD 401 overspent over the past 10 years?

Hs 01

South Central Community Unit School District 401 accumulated $2.86 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, South Central CUD 401 reported 101.3 percent more revenue. At the same time, total spending went up 45.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,335,567
$6,916,445
-$580,878
2009
$6,662,568
$7,114,127
-$451,559
2010
$6,579,189
$6,857,036
-$277,847
2011
$7,345,688
$6,766,853
$578,835
2012
$6,210,312
$6,552,445
-$342,133
2013
$6,147,712
$6,501,341
-$353,629
2014
$6,693,523
$6,773,607
-$80,084
2015
$8,178,884
$7,653,819
$525,065
2016
$6,256,525
$10,812,117
-$4,555,592
2017
$12,753,668
$10,072,379
$2,681,289
Total
$73,163,636
$76,020,169
-$2,856,533
10-year change (%)
101.3
45.6
N/M
Illinois Local Education Agency Retrieval Network

!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