Quantcast

Southern Illinois News

Saturday, May 4, 2024

How much has Vienna SD 55 overspent over the past 10 years?

Shutterstock 84230779

Vienna Elementary School District 55 accumulated $2.88 million in debt between fiscal years 2008 and 2017, according to a Southern 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, Vienna SD 55 reported 7.8 percent more revenue. At the same time, total spending went up 7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,388,317
$3,242,441
$145,876
2009
$3,386,155
$3,759,616
-$373,461
2010
$3,862,635
$4,958,765
-$1,096,130
2011
$3,844,666
$4,789,323
-$944,657
2012
$3,534,949
$3,548,979
-$14,030
2013
$3,362,553
$3,705,427
-$342,874
2014
$3,266,888
$3,606,175
-$339,287
2015
$3,409,003
$3,407,829
$1,174
2016
$3,497,287
$3,596,274
-$98,987
2017
$3,652,378
$3,468,383
$183,995
Total
$35,204,831
$38,083,212
-$2,878,381
10-year change (%)
7.8
7
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