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Friday, April 26, 2024

How much has Westchester SD 92-5 overspent over the past 10 years?

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Westchester School District 92-5 accumulated $6.70 million in debt between fiscal years 2008 and 2017, according to a West Cook News 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, Westchester SD 92-5 reported 27.7 percent more revenue. At the same time, total spending went up 39.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,457,305
$12,202,586
$254,719
2009
$12,944,167
$13,006,861
-$62,694
2010
$13,884,320
$13,409,505
$474,815
2011
$13,748,424
$15,695,376
-$1,946,952
2012
$13,741,763
$14,173,210
-$431,447
2013
$14,195,184
$14,856,820
-$661,636
2014
$14,396,945
$15,387,498
-$990,553
2015
$14,430,778
$14,647,172
-$216,394
2016
$16,591,145
$18,637,671
-$2,046,526
2017
$15,910,446
$16,983,477
-$1,073,031
Total
$142,300,477
$149,000,176
-$6,699,699
10-year change (%)
27.7
39.2
N/M
Illinois Local Education Agency Retrieval Network

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