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Lake County Gazette

Saturday, August 2, 2025

How much has North Chicago SD 187 overspent over the past 10 years?

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North Chicago School District 187 accumulated $32.81 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, North Chicago SD 187 reported 12 percent more revenue. At the same time, total spending went up 2.4 percent. The resulting deficit grew by 83 percent from 2008 to 2017.

School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$49,689,564
$55,318,751
-$5,629,187
2009
$48,452,739
$54,152,372
-$5,699,633
2010
$53,109,498
$56,416,433
-$3,306,935
2011
$50,416,962
$55,127,719
-$4,710,757
2012
$51,696,440
$58,812,114
-$7,115,674
2013
$55,282,564
$57,656,337
-$2,373,773
2014
$51,486,251
$56,327,679
-$4,841,428
2015
$58,614,630
$56,116,414
$2,498,216
2016
$58,368,705
$59,041,211
-$672,506
2017
$55,662,359
$56,622,130
-$959,771
Total
$532,779,712
$565,591,160
-$32,811,448
10-year change (%)
12
2.4
-83
Illinois Local Education Agency Retrieval Network

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