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Quincy Reporter

Tuesday, November 5, 2024

How much has Central CUSD 3 overspent over the past 10 years?

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Central Community Unit School District 3 accumulated $545,191 in debt between fiscal years 2008 and 2017, according to a Quincy Reporter 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, Central CUSD 3 reported 7.8 percent less revenue. At the same time, total spending went up 2.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,077,383
$7,362,824
$714,559
2009
$8,011,389
$7,634,401
$376,988
2010
$8,609,462
$8,544,199
$65,263
2011
$8,426,522
$8,022,881
$403,641
2012
$7,885,654
$7,925,318
-$39,664
2013
$7,188,100
$8,049,695
-$861,595
2014
$7,534,549
$7,667,488
-$132,939
2015
$7,070,590
$7,700,311
-$629,721
2016
$7,264,364
$7,591,052
-$326,688
2017
$7,449,152
$7,564,187
-$115,035
Total
$77,517,165
$78,062,356
-$545,191
10-year change (%)
-7.8
2.7
N/M
Illinois Local Education Agency Retrieval Network

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