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Sunday, February 23, 2025

How much has Tamaroa School Dist 5 overspent over the past 10 years?

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Tamaroa School District 5 accumulated $482,817 in debt between fiscal years 2008 and 2017, according to a SW 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, Tamaroa School Dist 5 reported 11.7 percent more revenue. At the same time, total spending went up 25.2 percent. The resulting deficit grew by 212.6 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,076,538
$1,154,127
-$77,589
2009
$1,174,497
$1,196,598
-$22,101
2010
$1,257,283
$1,269,494
-$12,211
2011
$1,440,089
$1,381,335
$58,754
2012
$1,305,737
$1,300,102
$5,635
2013
$1,296,137
$1,347,359
-$51,222
2014
$1,213,184
$1,305,038
-$91,854
2015
$1,034,205
$1,123,712
-$89,507
2016
$1,212,004
$1,172,217
$39,787
2017
$1,202,568
$1,445,077
-$242,509
Total
$12,212,242
$12,695,059
-$482,817
10-year change (%)
11.7
25.2
212.6
Illinois Local Education Agency Retrieval Network

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