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Wednesday, December 4, 2024

How much has Buncombe Cons SD 43 overspent over the past 10 years?

Highschool089

Buncombe Consolidated School District 43 accumulated $33,892 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, Buncombe Cons SD 43 reported 13.6 percent more revenue. At the same time, total spending went up 3.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$574,797
$593,977
-$19,180
2009
$584,835
$603,300
-$18,465
2010
$652,287
$660,257
-$7,970
2011
$781,209
$644,112
$137,097
2012
$686,528
$825,201
-$138,673
2013
$649,086
$653,601
-$4,515
2014
$714,294
$710,788
$3,506
2015
$682,202
$707,026
-$24,824
2016
$649,994
$650,907
-$913
2017
$653,063
$613,018
$40,045
Total
$6,628,295
$6,662,187
-$33,892
10-year change (%)
13.6
3.2
N/M
Illinois Local Education Agency Retrieval Network

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