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, Hawthorn CCSD 73 reported 24.8 percent more revenue. At the same time, total spending went up 29.4 percent. The resulting deficit grew by 317.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$45,834,041
$46,571,976
-$737,935
2009
$46,716,152
$49,151,483
-$2,435,331
2010
$49,139,407
$53,237,584
-$4,098,177
2011
$50,376,269
$49,734,296
$641,973
2012
$52,718,553
$50,594,381
$2,124,172
2013
$53,921,299
$52,688,973
$1,232,326
2014
$55,661,257
$55,630,003
$31,254
2015
$55,706,150
$56,898,785
-$1,192,635
2016
$57,878,257
$56,595,052
$1,283,205
2017
$57,199,786
$60,281,005
-$3,081,219
Total
$525,151,171
$531,383,538
-$6,232,367
10-year change (%)
24.8
29.4
317.6