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, New Lenox SD 122 reported 19.4 percent more revenue. At the same time, total spending went up 17.8 percent. The resulting deficit grew by 41.1 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$49,988,401
$51,378,845
-$1,390,444
2009
$52,722,566
$53,678,974
-$956,408
2010
$55,821,280
$56,558,337
-$737,057
2011
$57,642,751
$55,958,237
$1,684,514
2012
$53,347,776
$57,337,304
-$3,989,528
2013
$58,347,807
$60,417,946
-$2,070,139
2014
$56,983,215
$57,530,107
-$546,892
2015
$57,046,123
$59,269,686
-$2,223,563
2016
$59,279,904
$57,176,203
$2,103,701
2017
$59,705,403
$60,524,631
-$819,228
Total
$560,885,226
$569,830,270
-$8,945,044
10-year change (%)
19.4
17.8
-41.1