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Kendall County Times

Friday, April 19, 2024

How much has Newark CCSD 66 overspent over the past 10 years?

Highschool04

Newark Community Consolidated School District 66 accumulated $94,630 in debt between fiscal years 2008 and 2017, according to a Kendall County Times 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, Newark CCSD 66 reported 16.9 percent more revenue. At the same time, total spending went up 8.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,271,231
$2,282,727
-$11,496
2009
$2,239,649
$2,099,560
$140,089
2010
$2,769,213
$2,088,466
$680,747
2011
$2,222,673
$2,081,566
$141,107
2012
$2,142,504
$2,456,873
-$314,369
2013
$2,204,374
$2,821,541
-$617,167
2014
$2,364,390
$2,393,365
-$28,975
2015
$2,265,317
$2,322,443
-$57,126
2016
$2,342,247
$2,558,076
-$215,829
2017
$2,655,133
$2,466,744
$188,389
Total
$23,476,731
$23,571,361
-$94,630
10-year change (%)
16.9
8.1
N/M
Illinois Local Education Agency Retrieval Network

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