Quantcast

NW Illinois News

Thursday, May 15, 2025

How much has Meridian CUSD 223 overspent over the past 10 years?

Highschool04

Meridian Community Unit School District 223 accumulated $8.89 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, Meridian CUSD 223 reported 14.8 percent more revenue. At the same time, total spending went up 63.8 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,982,878
$15,573,887
$1,408,991
2009
$17,594,189
$19,438,461
-$1,844,272
2010
$18,592,126
$18,886,693
-$294,567
2011
$19,279,847
$18,727,112
$552,735
2012
$17,896,685
$18,729,473
-$832,788
2013
$17,332,022
$18,659,271
-$1,327,249
2014
$17,072,015
$17,747,782
-$675,767
2015
$19,707,951
$16,323,114
$3,384,837
2016
$17,948,815
$21,191,195
-$3,242,380
2017
$19,495,215
$25,511,636
-$6,016,421
Total
$181,901,743
$190,788,624
-$8,886,881
10-year change (%)
14.8
63.8
N/M
Illinois Local Education Agency Retrieval Network

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS