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DeKalb Times

Saturday, November 16, 2024

How much has Hinckley Big Rock CUSD 429 overspent over the past 10 years?

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Hinckley-Big Rock Community Unit School District 429 accumulated $543,979 in debt between fiscal years 2008 and 2017, according to a DeKalb Times 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, Hinckley Big Rock CUSD 429 reported 15.1 percent more revenue. At the same time, total spending went up 9.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,734,783
$10,005,332
-$270,549
2009
$9,792,362
$10,366,417
-$574,055
2010
$10,340,029
$11,639,035
-$1,299,006
2011
$12,468,994
$11,525,130
$943,864
2012
$10,786,021
$10,488,544
$297,477
2013
$10,707,866
$10,749,895
-$42,029
2014
$11,104,780
$10,946,596
$158,184
2015
$11,019,041
$11,625,853
-$606,812
2016
$11,242,391
$10,643,439
$598,952
2017
$11,208,550
$10,958,555
$249,995
Total
$108,404,817
$108,948,796
-$543,979
10-year change (%)
15.1
9.5
N/M
Illinois Local Education Agency Retrieval Network

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