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Wednesday, April 24, 2024

How much has Riverdale CUSD 100 overspent over the past 10 years?

Highschool089

Riverdale Community Unit School District 100 accumulated $1.82 million in debt between fiscal years 2008 and 2017, according to a Rock Island Today 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, Riverdale CUSD 100 reported 6.2 percent more revenue. At the same time, total spending went up 6.8 percent. The resulting deficit grew by 55.1 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,232,029
$10,370,972
-$138,943
2009
$10,436,699
$10,273,509
$163,190
2010
$10,536,185
$10,742,067
-$205,882
2011
$10,737,322
$10,777,153
-$39,831
2012
$10,540,568
$10,527,777
$12,791
2013
$10,860,133
$10,646,548
$213,585
2014
$10,667,316
$10,978,619
-$311,303
2015
$10,240,182
$10,993,728
-$753,546
2016
$10,349,600
$10,897,837
-$548,237
2017
$10,864,571
$11,080,134
-$215,563
Total
$105,464,605
$107,288,344
-$1,823,739
10-year change (%)
6.2
6.8
55.1
Illinois Local Education Agency Retrieval Network

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