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Will County Gazette

Tuesday, April 23, 2024

How much has Minooka CHSD 111 overspent over the past 10 years?

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Minooka Community High School District 111 accumulated $84.10 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, Minooka CHSD 111 reported 23.5 percent more revenue. At the same time, total spending went down 30.7 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$34,135,421
$56,670,043
-$22,534,622
2009
$35,253,489
$51,399,628
-$16,146,139
2010
$35,596,088
$43,865,273
-$8,269,185
2011
$35,559,471
$46,451,424
-$10,891,953
2012
$34,142,327
$37,895,352
-$3,753,025
2013
$35,621,911
$47,465,561
-$11,843,650
2014
$34,687,236
$43,302,851
-$8,615,615
2015
$35,925,517
$36,541,668
-$616,151
2016
$37,114,885
$41,438,845
-$4,323,960
2017
$42,151,269
$39,254,360
$2,896,909
Total
$360,187,614
$444,285,005
-$84,097,391
10-year change (%)
23.5
-30.7
N/M
Illinois Local Education Agency Retrieval Network

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