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Tuesday, February 18, 2020

How much has South Holland SD 150 overspent over the past 10 years?

Schools

By Local Labs News Service | Aug 21, 2018

Hs 02

South Holland School District 150 accumulated $2.22 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, South Holland SD 150 reported 3.8 percent more revenue. At the same time, total spending went up 4.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,980,519
$10,534,601
$445,918
2009
$10,434,550
$15,667,727
-$5,233,177
2010
$11,523,950
$11,099,716
$424,234
2011
$11,247,572
$11,111,612
$135,960
2012
$10,932,019
$10,555,604
$376,415
2013
$10,401,618
$10,599,534
-$197,916
2014
$10,835,198
$10,377,752
$457,446
2015
$10,797,224
$10,375,168
$422,056
2016
$11,360,446
$10,842,680
$517,766
2017
$11,402,285
$10,972,561
$429,724
Total
$109,915,381
$112,136,955
-$2,221,574
10-year change (%)
3.8
4.2
N/M
Illinois Local Education Agency Retrieval Network

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Organizations in this Story

South Holland School District 151 (merged)

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