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Wednesday, September 24, 2025

How much has Geneseo CUSD 228 overspent over the past 10 years?

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Geneseo Community Unit School District 228 accumulated $23.93 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, Geneseo CUSD 228 reported 1.3 percent more revenue. At the same time, total spending went up 82.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$23,972,920
$23,529,287
$443,633
2009
$24,137,273
$23,792,029
$345,244
2010
$24,261,770
$25,230,655
-$968,885
2011
$25,139,618
$24,937,084
$202,534
2012
$24,139,689
$24,879,584
-$739,895
2013
$23,454,315
$24,259,060
-$804,745
2014
$23,224,748
$24,378,508
-$1,153,760
2015
$23,438,994
$24,571,986
-$1,132,992
2016
$24,494,457
$25,971,273
-$1,476,816
2017
$24,289,615
$42,935,096
-$18,645,481
Total
$240,553,399
$264,484,562
-$23,931,163
10-year change (%)
1.3
82.5
N/M
Illinois Local Education Agency Retrieval Network

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