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Thursday, April 18, 2024

How much has Rich Twp HSD 227 overspent over the past 10 years?

Highschool089

Rich Township High School District 227 accumulated $35.28 million in debt between fiscal years 2008 and 2017, according to a South Cook News 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, Rich Twp HSD 227 reported 1.1 percent more revenue. At the same time, total spending went down 27.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$66,516,753
$91,742,378
-$25,225,625
2009
$68,959,242
$82,711,018
-$13,751,776
2010
$75,374,002
$70,950,602
$4,423,400
2011
$72,191,184
$71,549,700
$641,484
2012
$68,528,718
$74,844,982
-$6,316,264
2013
$68,618,713
$65,131,765
$3,486,948
2014
$67,185,771
$66,213,541
$972,230
2015
$66,267,760
$65,028,631
$1,239,129
2016
$69,861,438
$71,052,386
-$1,190,948
2017
$67,258,552
$66,816,305
$442,247
Total
$690,762,133
$726,041,308
-$35,279,175
10-year change (%)
1.1
-27.2
N/M
Illinois Local Education Agency Retrieval Network

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