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Thursday, June 13, 2024

How much has Atwood Heights SD 125 overspent over the past 10 years?

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Atwood Heights School District 125 accumulated $849,629 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, Atwood Heights SD 125 reported 31.9 percent more revenue. At the same time, total spending went up 21.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,155,292
$6,881,732
$273,560
2009
$6,815,209
$7,657,192
-$841,983
2010
$7,802,335
$7,300,064
$502,271
2011
$7,640,003
$7,103,930
$536,073
2012
$7,582,867
$7,720,564
-$137,697
2013
$7,739,460
$8,395,652
-$656,192
2014
$8,401,989
$10,074,051
-$1,672,062
2015
$8,647,939
$8,927,930
-$279,991
2016
$8,906,127
$8,552,897
$353,230
2017
$9,439,866
$8,366,704
$1,073,162
Total
$80,131,087
$80,980,716
-$849,629
10-year change (%)
31.9
21.6
N/M
Illinois Local Education Agency Retrieval Network

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