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South Central Reporter

Friday, November 22, 2024

How much has Gillespie CUSD 7 overspent over the past 10 years?

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Gillespie Community Unit School District 7 accumulated $6.79 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, Gillespie CUSD 7 reported 18.8 percent more revenue. At the same time, total spending went up 26.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,229,909
$9,636,366
$593,543
2009
$10,353,854
$10,403,091
-$49,237
2010
$12,326,806
$11,861,910
$464,896
2011
$11,583,346
$10,812,921
$770,425
2012
$19,467,054
$17,776,433
$1,690,621
2013
$18,963,585
$28,034,115
-$9,070,530
2014
$15,494,213
$14,406,149
$1,088,064
2015
$12,559,316
$14,357,545
-$1,798,229
2016
$11,921,118
$12,350,138
-$429,020
2017
$12,150,601
$12,196,971
-$46,370
Total
$135,049,802
$141,835,639
-$6,785,837
10-year change (%)
18.8
26.6
N/M
Illinois Local Education Agency Retrieval Network

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