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Friday, April 26, 2024

How much has Red Bud CUSD 132 overspent over the past 10 years?

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Red Bud Community Unit School District 132 accumulated $650,866 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, Red Bud CUSD 132 reported 24.6 percent more revenue. At the same time, total spending went up 30.3 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,669,535
$9,859,082
$810,453
2009
$11,024,516
$9,849,258
$1,175,258
2010
$11,324,841
$10,109,565
$1,215,276
2011
$12,210,119
$10,645,781
$1,564,338
2012
$11,627,901
$12,743,976
-$1,116,075
2013
$11,667,263
$13,613,867
-$1,946,604
2014
$13,673,247
$14,345,206
-$671,959
2015
$12,797,194
$15,135,025
-$2,337,831
2016
$13,023,000
$12,818,711
$204,289
2017
$13,298,540
$12,846,551
$451,989
Total
$121,316,156
$121,967,022
-$650,866
10-year change (%)
24.6
30.3
N/M
Illinois Local Education Agency Retrieval Network

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