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Will County Gazette

Friday, April 26, 2024

How much has Mokena SD 159 overspent over the past 10 years?

Highschool151

Mokena School District 159 accumulated $6.34 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, Mokena SD 159 reported 4.7 percent more revenue. At the same time, total spending went up 12.4 percent. The resulting deficit grew by 172 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$18,669,412
$19,573,518
-$904,106
2009
$18,334,612
$19,245,678
-$911,066
2010
$18,604,034
$20,420,217
-$1,816,183
2011
$18,725,603
$18,927,731
-$202,128
2012
$17,539,099
$17,673,496
-$134,397
2013
$19,914,884
$18,178,150
$1,736,734
2014
$19,313,496
$19,197,096
$116,400
2015
$19,192,028
$19,782,893
-$590,865
2016
$19,642,845
$20,820,266
-$1,177,421
2017
$19,550,562
$22,009,544
-$2,458,982
Total
$189,486,575
$195,828,589
-$6,342,014
10-year change (%)
4.7
12.4
172
Illinois Local Education Agency Retrieval Network

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