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Lake County Gazette

Monday, August 4, 2025

How much has Millburn CCSD 24 overspent over the past 10 years?

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Millburn Community Consolidated School District 24 accumulated $5.70 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, Millburn CCSD 24 reported 37.6 percent more revenue. At the same time, total spending went up 12.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,422,062
$16,684,829
-$2,262,767
2009
$15,379,287
$17,092,858
-$1,713,571
2010
$16,201,965
$16,014,797
$187,168
2011
$15,537,426
$16,132,538
-$595,112
2012
$16,168,637
$21,917,183
-$5,748,546
2013
$15,948,282
$15,361,471
$586,811
2014
$16,349,542
$15,737,181
$612,361
2015
$18,256,833
$16,858,209
$1,398,624
2016
$18,692,901
$17,876,010
$816,891
2017
$19,842,451
$18,827,953
$1,014,498
Total
$166,799,386
$172,503,029
-$5,703,643
10-year change (%)
37.6
12.8
N/M
Illinois Local Education Agency Retrieval Network

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