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Rockford Sun

Thursday, January 23, 2025

How much has Kinnikinnick CCSD 131 overspent over the past 10 years?

Hs 02

Kinnikinnick Community Consolidated School District 131 accumulated $6.57 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, Kinnikinnick CCSD 131 reported 18.6 percent more revenue. At the same time, total spending went down 0.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$15,950,450
$16,441,417
-$490,967
2009
$16,320,511
$20,839,059
-$4,518,548
2010
$16,547,072
$16,888,819
-$341,747
2011
$16,820,579
$22,662,174
-$5,841,595
2012
$17,453,312
$16,824,051
$629,261
2013
$16,630,712
$16,620,072
$10,640
2014
$16,723,403
$16,463,759
$259,644
2015
$16,683,429
$17,156,722
-$473,293
2016
$18,028,246
$16,383,262
$1,644,984
2017
$18,917,348
$16,364,425
$2,552,923
Total
$170,075,062
$176,643,760
-$6,568,698
10-year change (%)
18.6
-0.5
N/M
Illinois Local Education Agency Retrieval Network

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