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South Cook News

Monday, August 4, 2025

How much has Evergreen Park ESD 124 overspent over the past 10 years?

Highschool07

Evergreen Park Elementary School District 124 accumulated $12.80 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, Evergreen Park ESD 124 reported 15.2 percent more revenue. At the same time, total spending went up 37.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$23,065,711
$20,852,437
$2,213,274
2009
$22,865,859
$22,472,420
$393,439
2010
$24,457,958
$23,184,952
$1,273,006
2011
$23,125,151
$22,737,877
$387,274
2012
$23,244,098
$23,328,539
-$84,441
2013
$24,191,097
$24,974,042
-$782,945
2014
$24,423,508
$30,258,481
-$5,834,973
2015
$26,995,733
$32,570,043
-$5,574,310
2016
$25,783,057
$28,542,474
-$2,759,417
2017
$26,569,216
$28,603,583
-$2,034,367
Total
$244,721,388
$257,524,848
-$12,803,460
10-year change (%)
15.2
37.2
N/M
Illinois Local Education Agency Retrieval Network

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