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Saturday, May 4, 2024

How much has Cairo USD 1 overspent over the past 10 years?

Highschool151

Cairo Unit School District 1 accumulated $11,726 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, Cairo USD 1 reported 24.7 percent less revenue. At the same time, total spending went down 25.2 percent. The resulting deficit shrunk by 52.5 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,587,140
$8,760,483
-$173,343
2009
$8,149,993
$8,405,101
-$255,108
2010
$8,721,921
$8,535,917
$186,004
2011
$8,806,333
$7,950,583
$855,750
2012
$7,401,570
$7,427,468
-$25,898
2013
$7,149,346
$7,341,018
-$191,672
2014
$6,691,907
$6,375,620
$316,287
2015
$6,567,207
$6,852,587
-$285,380
2016
$6,768,417
$7,124,406
-$355,989
2017
$6,467,915
$6,550,292
-$82,377
Total
$75,311,749
$75,323,475
-$11,726
10-year change (%)
-24.7
-25.2
-52.5
Illinois Local Education Agency Retrieval Network

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