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Sunday, June 1, 2025

How much has CCSD 62 overspent over the past 10 years?

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Community Consolidated School District 62 accumulated $24.85 million in debt between fiscal years 2008 and 2017, according to a North Cook News 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, CCSD 62 reported 25.6 percent more revenue. At the same time, total spending went up 46.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$68,936,179
$56,987,112
$11,949,067
2009
$71,777,740
$59,855,841
$11,921,899
2010
$77,790,948
$77,890,988
-$100,040
2011
$77,584,962
$106,117,632
-$28,532,670
2012
$79,680,321
$106,915,814
-$27,235,493
2013
$80,702,474
$93,350,056
-$12,647,582
2014
$86,164,981
$78,708,490
$7,456,491
2015
$85,266,989
$81,065,454
$4,201,535
2016
$87,992,134
$82,841,395
$5,150,739
2017
$86,611,532
$83,621,259
$2,990,273
Total
$802,508,260
$827,354,041
-$24,845,781
10-year change (%)
25.6
46.7
N/M
Illinois Local Education Agency Retrieval Network

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