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Kane County Reporter

Saturday, April 20, 2024

How much has CUSD 300 overspent over the past 10 years?

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Algonquin Community Unit School District 300 accumulated $181.63 million in debt between fiscal years 2008 and 2017, according to a Kane County 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, CUSD 300 reported 40.7 percent more revenue. At the same time, total spending went up 2.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$197,409,634
$257,792,636
-$60,383,002
2009
$211,710,345
$251,078,470
-$39,368,125
2010
$222,484,544
$234,064,558
-$11,580,014
2011
$214,688,291
$214,864,704
-$176,413
2012
$217,057,996
$224,355,348
-$7,297,352
2013
$222,619,971
$221,939,997
$679,974
2014
$231,871,116
$229,861,263
$2,009,853
2015
$252,043,735
$251,438,469
$605,266
2016
$266,289,330
$345,978,914
-$79,689,584
2017
$277,720,535
$264,150,869
$13,569,666
Total
$2,313,895,497
$2,495,525,228
-$181,629,731
10-year change (%)
40.7
2.5
N/M
Illinois Local Education Agency Retrieval Network

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