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Saturday, November 23, 2024

How much has CHSD 218 overspent over the past 10 years?

Highschool151

Community High School District 218 accumulated $11.64 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, CHSD 218 reported 25.4 percent more revenue. At the same time, total spending went up 36.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$86,451,165
$78,337,373
$8,113,792
2009
$91,317,835
$88,192,586
$3,125,249
2010
$96,322,345
$89,677,989
$6,644,356
2011
$96,947,543
$91,251,422
$5,696,121
2012
$96,309,849
$95,287,857
$1,021,992
2013
$96,803,989
$99,210,958
-$2,406,969
2014
$100,132,043
$112,029,410
-$11,897,367
2015
$103,226,404
$112,653,239
-$9,426,835
2016
$105,878,085
$119,548,593
-$13,670,508
2017
$108,385,765
$107,221,356
$1,164,409
Total
$981,775,023
$993,410,783
-$11,635,760
10-year change (%)
25.4
36.9
N/M
Illinois Local Education Agency Retrieval Network

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