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Thursday, April 25, 2024

How much has Wethersfield CUSD 230 overspent over the past 10 years?

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Wethersfield Community Unit School District 230 accumulated $3.76 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, Wethersfield CUSD 230 reported 0.3 percent more revenue. At the same time, total spending went up 16 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,585,231
$5,303,481
$281,750
2009
$5,687,345
$5,792,042
-$104,697
2010
$5,786,973
$5,908,246
-$121,273
2011
$6,189,192
$6,009,461
$179,731
2012
$5,469,201
$6,074,263
-$605,062
2013
$5,046,399
$6,139,682
-$1,093,283
2014
$5,700,616
$5,946,750
-$246,134
2015
$5,745,799
$6,640,493
-$894,694
2016
$5,588,215
$6,193,608
-$605,393
2017
$5,599,779
$6,151,028
-$551,249
Total
$56,398,750
$60,159,054
-$3,760,304
10-year change (%)
0.3
16
N/M
Illinois Local Education Agency Retrieval Network

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