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Will County Gazette

Friday, April 19, 2024

How much has Joliet Twp HSD 204 overspent over the past 10 years?

Highschool089

Joliet Township High School District 204 accumulated $97.93 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, Joliet Twp HSD 204 reported 31.8 percent more revenue. At the same time, total spending went down 0.3 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$82,154,634
$98,011,253
-$15,856,619
2009
$83,761,074
$114,848,391
-$31,087,317
2010
$82,090,433
$104,305,678
-$22,215,245
2011
$88,305,017
$105,627,375
-$17,322,358
2012
$92,487,827
$101,509,617
-$9,021,790
2013
$97,081,347
$96,701,119
$380,228
2014
$98,414,347
$99,041,019
-$626,672
2015
$102,338,131
$107,153,296
-$4,815,165
2016
$101,831,606
$109,722,470
-$7,890,864
2017
$108,242,285
$97,717,494
$10,524,791
Total
$936,706,701
$1,034,637,712
-$97,931,011
10-year change (%)
31.8
-0.3
N/M
Illinois Local Education Agency Retrieval Network

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