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Saturday, November 23, 2024

How much has Sherrard CUSD 200 overspent over the past 10 years?

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Sherrard Community Unit School District 200 accumulated $336,890 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, Sherrard CUSD 200 reported 1.3 percent more revenue. At the same time, total spending went up 0.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,899,837
$14,718,488
$181,349
2009
$14,999,656
$16,898,819
-$1,899,163
2010
$14,991,666
$14,725,337
$266,329
2011
$15,934,623
$14,257,169
$1,677,454
2012
$14,749,856
$14,033,612
$716,244
2013
$14,677,827
$14,452,461
$225,366
2014
$14,356,884
$14,232,617
$124,267
2015
$14,447,169
$16,526,533
-$2,079,364
2016
$17,323,677
$17,180,671
$143,006
2017
$15,089,262
$14,781,640
$307,622
Total
$151,470,457
$151,807,347
-$336,890
10-year change (%)
1.3
0.4
N/M
Illinois Local Education Agency Retrieval Network

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