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Rockford Sun

Thursday, January 23, 2025

How much has Rockton SD 140 overspent over the past 10 years?

Highschool151

Rockton School District 140 accumulated $2.93 million in debt between fiscal years 2008 and 2017, according to a Rockford Sun 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, Rockton SD 140 reported 7 percent more revenue. At the same time, total spending went up 9.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$13,785,336
$13,645,399
$139,937
2009
$14,075,641
$15,020,258
-$944,617
2010
$14,040,767
$14,330,488
-$289,721
2011
$14,174,681
$14,472,034
-$297,353
2012
$14,265,425
$14,756,059
-$490,634
2013
$13,353,298
$12,252,336
$1,100,962
2014
$9,238,528
$12,363,708
-$3,125,180
2015
$13,015,972
$12,906,466
$109,506
2016
$13,829,870
$12,778,374
$1,051,496
2017
$14,755,665
$14,943,688
-$188,023
Total
$134,535,183
$137,468,810
-$2,933,627
10-year change (%)
7
9.5
N/M
Illinois Local Education Agency Retrieval Network

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