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Macon Reporter

Friday, April 19, 2024

How much has Mt Zion CUSD 3 overspent over the past 10 years?

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Mt Zion Community Unit School District 3 accumulated $21.37 million in debt between fiscal years 2008 and 2017, according to a Macon 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, Mt Zion CUSD 3 reported 11.9 percent more revenue. At the same time, total spending went up 17 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$19,328,513
$18,675,373
$653,140
2009
$20,190,806
$19,447,546
$743,260
2010
$20,912,100
$19,984,860
$927,240
2011
$21,193,028
$20,526,251
$666,777
2012
$21,656,551
$24,008,805
-$2,352,254
2013
$20,728,885
$19,789,228
$939,657
2014
$20,415,737
$20,518,907
-$103,170
2015
$20,500,488
$33,092,633
-$12,592,145
2016
$20,844,478
$30,890,525
-$10,046,047
2017
$21,639,192
$21,849,008
-$209,816
Total
$207,409,778
$228,783,136
-$21,373,358
10-year change (%)
11.9
17
N/M
Illinois Local Education Agency Retrieval Network

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