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Will County Gazette

Wednesday, April 24, 2024

How much has Taft SD 90 overspent over the past 10 years?

Highschool089

Taft School District 90 accumulated $5.14 million in debt between fiscal years 2008 and 2017, according to a Will 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, Taft SD 90 reported 31.2 percent more revenue. At the same time, total spending went up 44 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,737,238
$2,357,125
$380,113
2009
$2,609,197
$2,471,494
$137,703
2010
$2,807,301
$2,679,533
$127,768
2011
$2,874,437
$2,744,485
$129,952
2012
$2,797,313
$2,839,090
-$41,777
2013
$3,287,415
$3,181,134
$106,281
2014
$3,222,783
$3,914,103
-$691,320
2015
$3,213,621
$3,880,844
-$667,223
2016
$3,401,136
$8,216,454
-$4,815,318
2017
$3,590,937
$3,393,990
$196,947
Total
$30,541,378
$35,678,252
-$5,136,874
10-year change (%)
31.2
44
N/M
Illinois Local Education Agency Retrieval Network

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