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Tuesday, November 5, 2024

How much has Carrier Mills-Stonefort CUSD 2 overspent over the past 10 years?

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Carrier Mills Stonefort Community Unit School District 2 accumulated $103,704 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, Carrier Mills-Stonefort CUSD 2 reported 3.4 percent less revenue. At the same time, total spending went up 1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,305,127
$4,127,596
$177,531
2009
$4,442,801
$4,383,302
$59,499
2010
$4,793,848
$4,632,975
$160,873
2011
$4,665,310
$4,588,450
$76,860
2012
$4,217,193
$4,784,491
-$567,298
2013
$4,178,891
$4,628,904
-$450,013
2014
$4,200,370
$4,279,337
-$78,967
2015
$4,081,407
$3,861,598
$219,809
2016
$4,233,886
$3,925,936
$307,950
2017
$4,159,161
$4,169,109
-$9,948
Total
$43,277,994
$43,381,698
-$103,704
10-year change (%)
-3.4
1
N/M
Illinois Local Education Agency Retrieval Network

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