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DeKalb Times

Saturday, November 16, 2024

How much has Sandwich CUSD 430 overspent over the past 10 years?

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Sandwich Community Unit School District 430 accumulated $16.08 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, Sandwich CUSD 430 reported 6.7 percent more revenue. At the same time, total spending went up 8.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$22,826,176
$22,512,616
$313,560
2009
$23,470,964
$22,505,944
$965,020
2010
$24,849,679
$30,060,011
-$5,210,332
2011
$24,468,912
$24,244,612
$224,300
2012
$23,274,309
$25,181,759
-$1,907,450
2013
$23,576,050
$25,356,464
-$1,780,414
2014
$23,773,973
$24,776,410
-$1,002,437
2015
$23,149,536
$27,539,400
-$4,389,864
2016
$24,105,257
$27,401,796
-$3,296,539
2017
$24,352,498
$24,347,629
$4,869
Total
$237,847,354
$253,926,641
-$16,079,287
10-year change (%)
6.7
8.2
N/M
Illinois Local Education Agency Retrieval Network

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