Quantcast

South Cook News

Friday, April 26, 2024

How much has Calumet City SD 155 overspent over the past 10 years?

Shutterstock 198925646

Calumet City School District 155 accumulated $1.33 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, Calumet City SD 155 reported 9.3 percent more revenue. At the same time, total spending went up 33.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,976,547
$13,782,925
$1,193,622
2009
$14,791,848
$15,448,536
-$656,688
2010
$14,942,415
$16,869,120
-$1,926,705
2011
$17,236,874
$16,707,452
$529,422
2012
$16,421,112
$16,981,886
-$560,774
2013
$15,886,287
$16,419,607
-$533,320
2014
$18,276,724
$16,802,177
$1,474,547
2015
$16,741,602
$18,398,215
-$1,656,613
2016
$20,269,509
$17,419,720
$2,849,789
2017
$16,365,679
$18,410,876
-$2,045,197
Total
$165,908,597
$167,240,514
-$1,331,917
10-year change (%)
9.3
33.6
N/M
Illinois Local Education Agency Retrieval Network

ORGANIZATIONS IN THIS STORY

!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