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Will County Gazette

Friday, June 27, 2025

How much has Braceville SD 75 overspent over the past 10 years?

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Braceville School District 75 accumulated $1.49 million in debt between fiscal years 2008 and 2017, according to a Will County Gazette 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, Braceville SD 75 reported 11.2 percent more revenue. At the same time, total spending went up 1.5 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,352,694
$1,460,977
-$108,283
2009
$1,383,327
$1,515,473
-$132,146
2010
$1,378,492
$1,636,792
-$258,300
2011
$1,536,003
$1,659,157
-$123,154
2012
$1,503,929
$1,656,036
-$152,107
2013
$1,582,863
$1,811,885
-$229,022
2014
$1,602,761
$1,774,197
-$171,436
2015
$1,535,613
$1,753,875
-$218,262
2016
$1,506,100
$1,622,851
-$116,751
2017
$1,504,402
$1,482,777
$21,625
Total
$14,886,184
$16,374,020
-$1,487,836
10-year change (%)
11.2
1.5
N/M
Illinois Local Education Agency Retrieval Network

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