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Friday, April 19, 2024

How much has Massac UD 1 overspent over the past 10 years?

Highschoolclassroom1401

Massac County Unit School District #1 accumulated $11.05 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, Massac UD 1 reported 10.1 percent more revenue. At the same time, total spending went up 39.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$19,087,761
$18,067,952
$1,019,809
2009
$19,618,718
$21,712,687
-$2,093,969
2010
$20,220,169
$19,218,378
$1,001,791
2011
$20,921,909
$23,332,047
-$2,410,138
2012
$19,389,681
$19,267,116
$122,565
2013
$19,224,558
$19,278,645
-$54,087
2014
$20,015,438
$19,319,110
$696,328
2015
$19,289,518
$22,749,753
-$3,460,235
2016
$19,898,001
$21,636,896
-$1,738,895
2017
$21,017,392
$25,151,495
-$4,134,103
Total
$198,683,145
$209,734,079
-$11,050,934
10-year change (%)
10.1
39.2
N/M
Illinois Local Education Agency Retrieval Network

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