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Tuesday, November 5, 2024

How much has Hamilton Co CUSD 10 overspent over the past 10 years?

Highschool04

Hamilton County Community Unit School District 10 accumulated $499,869 in debt between fiscal years 2008 and 2017, according to a SE Illinois 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, Hamilton Co CUSD 10 reported 5.3 percent more revenue. At the same time, total spending went up 1.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,228,102
$11,259,616
-$31,514
2009
$11,412,609
$11,740,118
-$327,509
2010
$11,377,994
$11,550,518
-$172,524
2011
$12,508,440
$11,739,748
$768,692
2012
$11,345,256
$12,257,129
-$911,873
2013
$11,517,651
$12,140,258
-$622,607
2014
$11,707,743
$11,623,012
$84,731
2015
$11,832,775
$11,727,327
$105,448
2016
$11,596,541
$11,359,156
$237,385
2017
$11,826,571
$11,456,669
$369,902
Total
$116,353,682
$116,853,551
-$499,869
10-year change (%)
5.3
1.8
N/M
Illinois Local Education Agency Retrieval Network

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