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Saturday, April 20, 2024

How much has Norridge SD 80 overspent over the past 10 years?

Hs 03

Norridge School District 80 accumulated $8.14 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, Norridge SD 80 reported 21.3 percent more revenue. At the same time, total spending went up 40.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,970,696
$8,583,566
$387,130
2009
$9,288,747
$9,365,699
-$76,952
2010
$10,017,921
$10,084,591
-$66,670
2011
$9,484,679
$10,407,504
-$922,825
2012
$9,686,393
$10,723,554
-$1,037,161
2013
$9,903,901
$10,720,392
-$816,491
2014
$10,354,598
$12,612,654
-$2,258,056
2015
$10,620,646
$12,001,712
-$1,381,066
2016
$11,477,199
$12,288,828
-$811,629
2017
$10,877,924
$12,030,082
-$1,152,158
Total
$100,682,704
$108,818,582
-$8,135,878
10-year change (%)
21.3
40.1
N/M
Illinois Local Education Agency Retrieval Network

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