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Will County Gazette

Thursday, April 18, 2024

How much has Will County SD 92 overspent over the past 10 years?

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Will County School District 92 accumulated $4.13 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, Will County SD 92 reported 25.4 percent more revenue. At the same time, total spending went up 51 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$20,721,621
$20,023,394
$698,227
2009
$20,979,730
$21,081,832
-$102,102
2010
$21,637,663
$20,881,337
$756,326
2011
$23,668,723
$20,361,491
$3,307,232
2012
$24,235,849
$21,721,944
$2,513,905
2013
$25,998,065
$24,140,631
$1,857,434
2014
$25,753,244
$25,952,404
-$199,160
2015
$26,806,621
$30,835,610
-$4,028,989
2016
$25,930,086
$30,626,790
-$4,696,704
2017
$25,994,819
$30,226,808
-$4,231,989
Total
$241,726,421
$245,852,241
-$4,125,820
10-year change (%)
25.4
51
N/M
Illinois Local Education Agency Retrieval Network

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