Quantcast

SE Illinois News

Thursday, April 25, 2024

How much has Wabash CUSD 348 overspent over the past 10 years?

Highschool089

Wabash Community Unit School District 348 accumulated $6.31 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, Wabash CUSD 348 reported 0.7 percent more revenue. At the same time, total spending went up 7.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,325,561
$13,855,596
$469,965
2009
$14,889,234
$14,760,865
$128,369
2010
$15,836,093
$15,373,546
$462,547
2011
$16,310,513
$15,261,296
$1,049,217
2012
$14,759,522
$16,866,896
-$2,107,374
2013
$14,549,137
$16,381,986
-$1,832,849
2014
$14,203,487
$16,195,580
-$1,992,093
2015
$13,511,889
$15,425,750
-$1,913,861
2016
$13,330,825
$13,377,423
-$46,598
2017
$14,421,393
$14,946,373
-$524,980
Total
$146,137,654
$152,445,311
-$6,307,657
10-year change (%)
0.7
7.9
N/M
Illinois Local Education Agency Retrieval Network

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS