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South Cook News

Sunday, October 26, 2025

How much has Matteson ESD 162 overspent over the past 10 years?

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Matteson Elementary School District 162 accumulated $22.54 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, Matteson ESD 162 reported 15.7 percent more revenue. At the same time, total spending went up 7.8 percent. The resulting deficit grew by 72.4 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$34,715,387
$38,150,222
-$3,434,835
2009
$37,067,931
$44,352,930
-$7,284,999
2010
$41,370,806
$41,652,020
-$281,214
2011
$38,795,535
$50,983,024
-$12,187,489
2012
$40,887,391
$40,880,976
$6,415
2013
$39,491,548
$39,884,741
-$393,193
2014
$39,646,537
$38,124,641
$1,521,896
2015
$40,938,323
$40,446,468
$491,855
2016
$42,122,772
$42,157,300
-$34,528
2017
$40,171,002
$41,119,296
-$948,294
Total
$395,207,232
$417,751,618
-$22,544,386
10-year change (%)
15.7
7.8
-72.4
Illinois Local Education Agency Retrieval Network

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