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, CUSD 308 reported 44.2 percent more revenue. At the same time, total spending went up 1.6 percent. The resulting deficit grew by 89.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$152,039,928
$223,217,398
-$71,177,470
2009
$159,845,053
$203,742,627
-$43,897,574
2010
$159,402,740
$187,244,000
-$27,841,260
2011
$167,992,158
$175,857,962
-$7,865,804
2012
$178,411,385
$189,225,751
-$10,814,366
2013
$186,408,775
$227,218,969
-$40,810,194
2014
$196,715,547
$206,828,441
-$10,112,894
2015
$200,694,511
$223,031,166
-$22,336,655
2016
$205,863,873
$217,518,454
-$11,654,581
2017
$219,297,260
$226,721,696
-$7,424,436
Total
$1,826,671,230
$2,080,606,464
-$253,935,234
10-year change (%)
44.2
1.6
-89.6
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