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Friday, April 26, 2024

How much has Lick Creek CCSD 16 overspent over the past 10 years?

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Lick Creek Community Consolidated School District 16 accumulated $164,337 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, Lick Creek CCSD 16 reported 2.1 percent more revenue. At the same time, total spending went down 3.7 percent. The resulting deficit shrunk by 82.1 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$950,028
$1,020,047
-$70,019
2009
$966,486
$1,000,175
-$33,689
2010
$1,070,011
$997,779
$72,232
2011
$1,197,992
$969,338
$228,654
2012
$977,349
$1,084,525
-$107,176
2013
$1,124,085
$1,245,090
-$121,005
2014
$1,109,253
$1,054,519
$54,734
2015
$925,909
$959,950
-$34,041
2016
$892,934
$1,034,398
-$141,464
2017
$969,969
$982,532
-$12,563
Total
$10,184,016
$10,348,353
-$164,337
10-year change (%)
2.1
-3.7
-82.1
Illinois Local Education Agency Retrieval Network

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