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Wednesday, December 4, 2024

How much has New Simpson Hill SD 32 overspent over the past 10 years?

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New Simpson Hill School District 32 accumulated $252,319 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, New Simpson Hill SD 32 reported 4.3 percent less revenue. At the same time, total spending went up 0.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,265,514
$2,096,652
$168,862
2009
$2,375,300
$2,368,449
$6,851
2010
$2,393,328
$2,596,413
-$203,085
2011
$2,639,468
$2,449,665
$189,803
2012
$2,397,519
$2,443,713
-$46,194
2013
$2,437,238
$2,515,932
-$78,694
2014
$2,296,533
$2,441,072
-$144,539
2015
$2,125,714
$2,235,828
-$110,114
2016
$2,163,012
$2,267,845
-$104,833
2017
$2,167,801
$2,098,177
$69,624
Total
$23,261,427
$23,513,746
-$252,319
10-year change (%)
-4.3
0.1
N/M
Illinois Local Education Agency Retrieval Network

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