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Monday, November 25, 2024

How much has Comm Cons SD 59 overspent over the past 10 years?

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Elk Grove Community Consolidated School District 59 accumulated $7.83 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, Comm Cons SD 59 reported 19 percent more revenue. At the same time, total spending went up 43.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$88,463,562
$79,550,343
$8,913,219
2009
$90,039,247
$85,460,800
$4,578,447
2010
$95,996,738
$95,672,794
$323,944
2011
$93,467,889
$99,680,379
-$6,212,490
2012
$114,813,634
$94,087,712
$20,725,922
2013
$96,884,333
$96,667,499
$216,834
2014
$98,517,161
$104,222,690
-$5,705,529
2015
$106,754,013
$118,343,609
-$11,589,596
2016
$101,379,140
$111,755,289
-$10,376,149
2017
$105,238,526
$113,940,989
-$8,702,463
Total
$991,554,243
$999,382,104
-$7,827,861
10-year change (%)
19
43.2
N/M
Illinois Local Education Agency Retrieval Network

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