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Rock Island Today

Tuesday, April 23, 2024

How much has Annawan CUSD 226 overspent over the past 10 years?

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Annawan Community Unit School District 226 accumulated $2.92 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, Annawan CUSD 226 reported 16.9 percent more revenue. At the same time, total spending went up 24.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,664,723
$3,598,692
$66,031
2009
$3,465,933
$3,838,400
-$372,467
2010
$3,544,288
$4,177,025
-$632,737
2011
$3,696,189
$3,947,185
-$250,996
2012
$3,461,666
$3,957,847
-$496,181
2013
$3,545,116
$3,930,149
-$385,033
2014
$3,784,710
$3,986,584
-$201,874
2015
$4,151,119
$4,590,794
-$439,675
2016
$4,363,739
$4,389,591
-$25,852
2017
$4,283,210
$4,468,799
-$185,589
Total
$37,960,693
$40,885,066
-$2,924,373
10-year change (%)
16.9
24.2
N/M
Illinois Local Education Agency Retrieval Network

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