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Lake County Gazette

Thursday, April 25, 2024

How much has Rondout SD 72 overspent over the past 10 years?

Highschool151

Rondout School District 72 accumulated $1.89 million in debt between fiscal years 2008 and 2017, according to a Lake County Gazette 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, Rondout SD 72 reported 30.2 percent more revenue. At the same time, total spending went up 28.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,842,084
$3,749,260
$92,824
2009
$4,184,018
$5,010,940
-$826,922
2010
$4,481,717
$7,399,084
-$2,917,367
2011
$4,721,626
$4,236,990
$484,636
2012
$4,673,466
$4,324,075
$349,391
2013
$4,782,909
$4,581,399
$201,510
2014
$4,754,084
$4,688,638
$65,446
2015
$5,123,004
$4,766,619
$356,385
2016
$4,902,404
$4,778,570
$123,834
2017
$5,003,217
$4,823,431
$179,786
Total
$46,468,529
$48,359,006
-$1,890,477
10-year change (%)
30.2
28.6
N/M
Illinois Local Education Agency Retrieval Network

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