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Lake County Gazette

Wednesday, June 25, 2025

How much has Winthrop Harbor SD 1 overspent over the past 10 years?

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Winthrop Harbor School District 1 accumulated $645,201 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, Winthrop Harbor SD 1 reported 4.2 percent more revenue. At the same time, total spending went up 56.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,091,990
$6,630,707
$461,283
2009
$6,842,369
$6,656,524
$185,845
2010
$6,930,075
$7,117,071
-$186,996
2011
$6,433,107
$7,064,325
-$631,218
2012
$6,381,774
$6,126,754
$255,020
2013
$6,512,130
$5,996,183
$515,947
2014
$6,536,089
$5,650,740
$885,349
2015
$6,788,030
$5,802,442
$985,588
2016
$7,172,860
$7,321,734
-$148,874
2017
$7,393,534
$10,360,679
-$2,967,145
Total
$68,081,958
$68,727,159
-$645,201
10-year change (%)
4.2
56.2
N/M
Illinois Local Education Agency Retrieval Network

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