Quantcast

Lake County Gazette

Wednesday, April 24, 2024

How much has Woodland CUSD 5 overspent over the past 10 years?

Highschool151

Woodland Community Consolidated School District 50 accumulated $608,026 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 CUSD 5 reported 14.4 percent more revenue. At the same time, total spending went up 4.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,334,848
$5,607,393
-$272,545
2009
$5,306,866
$5,078,527
$228,339
2010
$5,288,343
$5,108,344
$179,999
2011
$5,608,682
$5,180,446
$428,236
2012
$5,107,857
$5,148,362
-$40,505
2013
$5,242,437
$5,269,081
-$26,644
2014
$5,539,718
$6,471,300
-$931,582
2015
$6,013,759
$6,031,101
-$17,342
2016
$5,798,878
$6,203,926
-$405,048
2017
$6,102,372
$5,853,306
$249,066
Total
$55,343,760
$55,951,786
-$608,026
10-year change (%)
14.4
4.4
N/M
Illinois Local Education Agency Retrieval Network

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS