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, Steger SD 194 reported 5.9 percent more revenue. At the same time, total spending went up 97.9 percent. The resulting deficit grew by 2,363.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,112,721
$16,767,478
-$654,757
2009
$15,797,111
$18,435,422
-$2,638,311
2010
$16,761,841
$16,537,156
$224,685
2011
$16,756,026
$15,899,017
$857,009
2012
$15,440,659
$16,230,452
-$789,793
2013
$15,256,533
$16,295,273
-$1,038,740
2014
$15,666,414
$16,157,340
-$490,926
2015
$15,932,133
$17,758,105
-$1,825,972
2016
$16,616,607
$40,054,774
-$23,438,167
2017
$17,056,933
$33,187,964
-$16,131,031
Total
$161,396,978
$207,322,981
-$45,926,003
10-year change (%)
5.9
97.9
2,363.7
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