• School District Debt Exceeds $6 Billion

    School District Debt Exceeds $6 Billion0

    New data from the Department of Education shows outstanding school district debt set a new record at $6.1 billion last year.  The average debt per-pupil (only counting enrollment at districts with debt) is $14,715.  Total debt outstanding and the amount per-pupil for each district can be downloaded here at KansasOpenGov.org.  District-level reports on debt issued

  • $11 Billion School Debt Exceeds State Debt

    $11 Billion School Debt Exceeds State Debt0

    Given media and legislative hyperventilation over state debt levels, one would never know that Kansas’ 286 school districts are deeper in hock than the State of Kansas and its component units (universities, turnpike authority, etc.).  School districts set a new record last year of $5.56 billion in bonded indebtedness and they also have $5.4 billion

  • School Debt Sets New Record at $5.56 Billion

    School Debt Sets New Record at $5.56 Billion0

    Kansas school bond debt set another record for the 2015-16 school year at $5.56 billion spread across 183 districts.  Data provided by the Kansas Department of Education shows school districts loaded up on a lot of new debt since 2005: $5.2 billion in new bond debt was issued by 149 districts. Debt Service payments totaled $4.9 billion.

  • School districts load up on debt

    School districts load up on debt0

    Editor’s Note: The original version of this post was based on published Census data. KPI subsequently discovered that Census inadvertently excluded USD 512 Shawnee Mission data from their reported totals for 2014; KSDE and Census officials confirmed our finding. Census will not republish correct data until 2015 data is released but did provide us with