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, Twp HSD 113 reported 22.9 percent more revenue. At the same time, total spending went up 38 percent. The resulting deficit grew by 499.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$83,702,802
$86,445,386
-$2,742,584
2009
$85,663,582
$89,347,548
-$3,683,966
2010
$92,464,860
$90,290,837
$2,174,023
2011
$94,396,832
$87,393,579
$7,003,253
2012
$97,812,861
$90,868,186
$6,944,675
2013
$102,799,239
$100,865,689
$1,933,550
2014
$96,529,330
$108,619,466
-$12,090,136
2015
$98,525,751
$121,742,759
-$23,217,008
2016
$99,449,205
$139,981,912
-$40,532,707
2017
$102,869,464
$119,317,239
-$16,447,775
Total
$954,213,926
$1,034,872,601
-$80,658,675
10-year change (%)
22.9
38
499.7
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