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Friday, April 19, 2024

How much has Rockridge CUSD 300 overspent over the past 10 years?

Highschool07

Rockridge Community Unit School District 300 accumulated $7.62 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, Rockridge CUSD 300 reported 5.3 percent more revenue. At the same time, total spending went up 22.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,000,390
$11,872,446
$127,944
2009
$11,742,666
$12,595,199
-$852,533
2010
$12,044,554
$12,836,165
-$791,611
2011
$12,755,139
$11,886,328
$868,811
2012
$11,612,869
$12,301,962
-$689,093
2013
$11,983,711
$12,558,073
-$574,362
2014
$11,641,087
$11,784,144
-$143,057
2015
$11,205,254
$11,985,040
-$779,786
2016
$12,221,392
$15,145,587
-$2,924,195
2017
$12,633,314
$14,496,523
-$1,863,209
Total
$119,840,376
$127,461,467
-$7,621,091
10-year change (%)
5.3
22.1
N/M
Illinois Local Education Agency Retrieval Network

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