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, Richland GSD 88A reported 42 percent more revenue. At the same time, total spending went up 9.8 percent. The resulting deficit grew by 85.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,909,360
$10,568,545
-$2,659,185
2009
$8,725,481
$8,901,726
-$176,245
2010
$9,153,663
$8,996,095
$157,568
2011
$9,738,373
$9,050,697
$687,676
2012
$9,749,361
$9,843,419
-$94,058
2013
$10,495,557
$9,838,109
$657,448
2014
$10,559,944
$10,121,041
$438,903
2015
$10,843,512
$10,834,771
$8,741
2016
$11,300,337
$11,892,190
-$591,853
2017
$11,227,514
$11,602,528
-$375,014
Total
$99,703,102
$101,649,121
-$1,946,019
10-year change (%)
42
9.8
-85.9
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