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Quincy Reporter

Friday, April 26, 2024

How much has CUSD 4 overspent over the past 10 years?

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Community Unit School District #4 accumulated $4.98 million 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, CUSD 4 reported 11.1 percent more revenue. At the same time, total spending went down 28.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,359,001
$8,914,814
-$2,555,813
2009
$6,288,895
$8,335,560
-$2,046,665
2010
$6,677,482
$7,007,953
-$330,471
2011
$7,071,413
$6,788,308
$283,105
2012
$6,318,147
$6,976,571
-$658,424
2013
$6,497,743
$6,757,882
-$260,139
2014
$7,743,435
$6,875,113
$868,322
2015
$6,166,427
$6,955,114
-$788,687
2016
$6,374,156
$6,578,721
-$204,565
2017
$7,066,240
$6,350,671
$715,569
Total
$66,562,939
$71,540,707
-$4,977,768
10-year change (%)
11.1
-28.8
N/M
Illinois Local Education Agency Retrieval Network

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