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Lake County Gazette

Sunday, August 3, 2025

How much has Woodland CCSD 50 overspent over the past 10 years?

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Woodland Community Consolidated School District 50 accumulated $13.32 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, Woodland CCSD 50 reported 11.4 percent more revenue. At the same time, total spending went up 6.6 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$75,866,321
$78,426,303
-$2,559,982
2009
$75,107,789
$78,378,926
-$3,271,137
2010
$79,600,465
$83,613,363
-$4,012,898
2011
$75,842,158
$80,213,671
-$4,371,513
2012
$74,823,855
$74,298,768
$525,087
2013
$76,951,693
$76,488,833
$462,860
2014
$78,219,866
$79,054,941
-$835,075
2015
$81,902,958
$81,146,929
$756,029
2016
$85,310,111
$86,219,162
-$909,051
2017
$84,497,701
$83,601,965
$895,736
Total
$788,122,917
$801,442,861
-$13,319,944
10-year change (%)
11.4
6.6
N/M
Illinois Local Education Agency Retrieval Network

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