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Galesburg Reporter

Thursday, May 2, 2024

How much has Knoxville CUSD 202 overspent over the past 10 years?

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Knoxville Community Unit School District 202 accumulated $19.61 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, Knoxville CUSD 202 reported 25.7 percent more revenue. At the same time, total spending went up 17.2 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,205,540
$9,772,416
$433,124
2009
$8,999,858
$11,779,919
-$2,780,061
2010
$9,223,117
$10,548,836
-$1,325,719
2011
$10,009,981
$8,885,949
$1,124,032
2012
$9,849,430
$10,908,719
-$1,059,289
2013
$10,223,157
$12,559,465
-$2,336,308
2014
$27,289,524
$30,914,758
-$3,625,234
2015
$11,247,910
$21,885,546
-$10,637,636
2016
$10,343,413
$11,122,863
-$779,450
2017
$12,826,640
$11,449,448
$1,377,192
Total
$120,218,570
$139,827,919
-$19,609,349
10-year change (%)
25.7
17.2
N/M
Illinois Local Education Agency Retrieval Network

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