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DeKalb Times

Friday, April 19, 2024

How much has DeKalb CUSD 428 overspent over the past 10 years?

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Dekalb Community Unit School District 428 accumulated $94.27 million 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, DeKalb CUSD 428 reported 55.1 percent more revenue. At the same time, total spending went up 44.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$60,389,093
$61,409,903
-$1,020,810
2009
$63,641,326
$83,319,165
-$19,677,839
2010
$72,151,853
$112,207,075
-$40,055,222
2011
$89,695,788
$110,052,872
-$20,357,084
2012
$75,194,029
$82,723,232
-$7,529,203
2013
$75,594,497
$76,787,112
-$1,192,615
2014
$77,390,552
$81,314,074
-$3,923,522
2015
$82,324,997
$87,349,398
-$5,024,401
2016
$85,018,115
$85,497,291
-$479,176
2017
$93,646,698
$88,654,836
$4,991,862
Total
$775,046,948
$869,314,958
-$94,268,010
10-year change (%)
55.1
44.4
N/M
Illinois Local Education Agency Retrieval Network

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