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Friday, June 6, 2025

How much has Rock Falls Twp HSD 301 overspent over the past 10 years?

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Rock Falls Township High School District 301 accumulated $4.99 million in debt between fiscal years 2008 and 2017, according to a NW Illinois News 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, Rock Falls Twp HSD 301 reported 3.5 percent more revenue. At the same time, total spending went up 36.1 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,926,827
$8,004,060
$922,767
2009
$8,700,521
$8,361,484
$339,037
2010
$8,427,275
$9,000,691
-$573,416
2011
$8,934,299
$9,831,040
-$896,741
2012
$8,852,363
$9,571,720
-$719,357
2013
$8,443,176
$9,892,554
-$1,449,378
2014
$8,974,831
$9,521,952
-$547,121
2015
$9,081,977
$9,160,315
-$78,338
2016
$8,905,645
$9,246,129
-$340,484
2017
$9,239,043
$10,890,239
-$1,651,196
Total
$88,485,957
$93,480,184
-$4,994,227
10-year change (%)
3.5
36.1
N/M
Illinois Local Education Agency Retrieval Network

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