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Galesburg Reporter

Thursday, November 21, 2024

How much has R O W V A CUSD 208 overspent over the past 10 years?

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ROWVA Community Unit School District 208 accumulated $8.56 million in debt between fiscal years 2008 and 2017, according to a Galesburg Reporter 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, R O W V A CUSD 208 reported 4.1 percent less revenue. At the same time, total spending went up 8.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,427,338
$6,007,774
$1,419,564
2009
$6,442,370
$6,162,613
$279,757
2010
$6,479,544
$6,350,419
$129,125
2011
$6,951,113
$6,008,608
$942,505
2012
$6,725,645
$6,750,585
-$24,940
2013
$7,052,145
$10,908,034
-$3,855,889
2014
$6,982,489
$11,441,845
-$4,459,356
2015
$6,638,555
$8,271,403
-$1,632,848
2016
$4,725,343
$6,697,375
-$1,972,032
2017
$7,124,150
$6,510,934
$613,216
Total
$66,548,692
$75,109,590
-$8,560,898
10-year change (%)
-4.1
8.4
N/M
Illinois Local Education Agency Retrieval Network

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