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Wednesday, January 22, 2025

How much has Cobden SUD 17 overspent over the past 10 years?

Highschool151

Cobden School Unit District 17 accumulated $345,808 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, Cobden SUD 17 reported 1.3 percent less revenue. At the same time, total spending went up 5.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,328,815
$5,183,916
$144,899
2009
$5,325,618
$5,737,516
-$411,898
2010
$5,653,841
$5,338,903
$314,938
2011
$6,001,955
$5,574,909
$427,046
2012
$5,467,752
$5,534,430
-$66,678
2013
$5,244,179
$5,354,202
-$110,023
2014
$5,420,261
$5,685,191
-$264,930
2015
$5,066,205
$5,018,827
$47,378
2016
$5,282,146
$5,488,619
-$206,473
2017
$5,259,555
$5,479,622
-$220,067
Total
$54,050,327
$54,396,135
-$345,808
10-year change (%)
-1.3
5.7
N/M
Illinois Local Education Agency Retrieval Network

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