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Lake County Gazette

Monday, July 28, 2025

How much has Big Hollow SD 38 overspent over the past 10 years?

Highschool089

Big Hollow School District 38 accumulated $8.16 million in debt between fiscal years 2008 and 2017, according to a Lake 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, Big Hollow SD 38 reported 40.5 percent more revenue. At the same time, total spending went up 37.4 percent.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,868,522
$14,381,476
$487,046
2009
$16,525,455
$17,029,450
-$503,995
2010
$17,467,081
$19,355,298
-$1,888,217
2011
$18,621,090
$20,401,681
-$1,780,591
2012
$19,375,870
$19,938,405
-$562,535
2013
$18,023,980
$21,057,340
-$3,033,360
2014
$17,404,439
$19,432,594
-$2,028,155
2015
$17,968,910
$19,572,514
-$1,603,604
2016
$19,942,867
$18,311,004
$1,631,863
2017
$20,888,014
$19,765,150
$1,122,864
Total
$181,086,228
$189,244,912
-$8,158,684
10-year change (%)
40.5
37.4
N/M
Illinois Local Education Agency Retrieval Network

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