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, Reed Custer CUSD 255U reported 45.5 percent more revenue. At the same time, total spending went up 88.2 percent. The resulting deficit grew by 386.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$19,215,051
$21,959,563
-$2,744,512
2009
$22,603,839
$22,613,072
-$9,233
2010
$22,967,176
$21,783,387
$1,183,789
2011
$22,106,630
$21,797,109
$309,521
2012
$23,360,545
$23,717,963
-$357,418
2013
$25,179,354
$24,439,490
$739,864
2014
$26,771,680
$24,447,267
$2,324,413
2015
$26,830,043
$24,497,017
$2,333,026
2016
$27,658,874
$25,634,223
$2,024,651
2017
$27,963,589
$41,320,015
-$13,356,426
Total
$244,656,781
$252,209,106
-$7,552,325
10-year change (%)
45.5
88.2
386.7
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