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Friday, April 26, 2024

How much has Columbia CUSD 4 overspent over the past 10 years?

Highschool07

Columbia Community Unit School District No. 4 accumulated $16.20 million 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, Columbia CUSD 4 reported 23.6 percent more revenue. At the same time, total spending went up 19.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,635,351
$16,590,722
$44,629
2009
$17,988,096
$17,288,612
$699,484
2010
$18,546,051
$41,863,341
-$23,317,290
2011
$19,384,295
$17,754,559
$1,629,736
2012
$18,863,951
$17,693,256
$1,170,695
2013
$18,746,588
$18,014,522
$732,066
2014
$19,430,716
$18,625,251
$805,465
2015
$19,582,195
$19,097,722
$484,473
2016
$19,805,618
$18,987,865
$817,753
2017
$20,555,994
$19,822,053
$733,941
Total
$189,538,855
$205,737,903
-$16,199,048
10-year change (%)
23.6
19.5
N/M
Illinois Local Education Agency Retrieval Network

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