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Thursday, April 25, 2024

How much has Cambridge CUSD 227 overspent over the past 10 years?

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Cambridge Community Unit School District 227 accumulated $1.21 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, Cambridge CUSD 227 reported 15.7 percent more revenue. At the same time, total spending went up 15.9 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,586,714
$4,536,554
$50,160
2009
$4,665,860
$4,684,890
-$19,030
2010
$4,826,767
$5,098,790
-$272,023
2011
$5,014,276
$5,616,927
-$602,651
2012
$4,660,353
$5,297,190
-$636,837
2013
$4,816,231
$5,091,110
-$274,879
2014
$5,123,313
$4,857,217
$266,096
2015
$5,189,459
$4,914,543
$274,916
2016
$5,178,444
$5,219,529
-$41,085
2017
$5,306,012
$5,256,587
$49,425
Total
$49,367,429
$50,573,337
-$1,205,908
10-year change (%)
15.7
15.9
N/M
Illinois Local Education Agency Retrieval Network

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