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Lake County Gazette

Friday, April 19, 2024

How much has Warren Twp HSD 121 overspent over the past 10 years?

Highschool07

Warren Township High School District 121 accumulated $49.53 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, Warren Twp HSD 121 reported 20.9 percent more revenue. At the same time, total spending went up 33 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$51,937,756
$48,993,182
$2,944,574
2009
$51,171,477
$57,401,775
-$6,230,298
2010
$54,122,377
$73,294,850
-$19,172,473
2011
$54,031,443
$67,960,630
-$13,929,187
2012
$55,266,920
$57,925,981
-$2,659,061
2013
$67,104,057
$66,355,281
$748,776
2014
$59,564,653
$64,694,244
-$5,129,591
2015
$60,421,045
$59,133,513
$1,287,532
2016
$63,740,500
$68,741,877
-$5,001,377
2017
$62,787,520
$65,179,616
-$2,392,096
Total
$580,147,748
$629,680,949
-$49,533,201
10-year change (%)
20.9
33
N/M
Illinois Local Education Agency Retrieval Network

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