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Friday, April 26, 2024

How much has Carmi-White County CUSD 5 overspent over the past 10 years?

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Carmi White County Community Unit School District 5 accumulated $3.89 million 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, Carmi-White County CUSD 5 reported 14.2 percent more revenue. At the same time, total spending went down 2.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,968,789
$13,137,687
-$168,898
2009
$13,568,799
$13,841,838
-$273,039
2010
$13,769,060
$14,413,858
-$644,798
2011
$14,182,052
$17,966,414
-$3,784,362
2012
$13,598,679
$17,590,539
-$3,991,860
2013
$14,301,763
$14,290,872
$10,891
2014
$14,091,688
$13,404,684
$687,004
2015
$13,589,343
$12,714,149
$875,194
2016
$14,211,734
$12,759,418
$1,452,316
2017
$14,805,646
$12,855,343
$1,950,303
Total
$139,087,553
$142,974,802
-$3,887,249
10-year change (%)
14.2
-2.1
N/M
Illinois Local Education Agency Retrieval Network

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