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, Gavin SD 37 reported 24.1 percent more revenue. At the same time, total spending went up 10.5 percent. The resulting deficit grew by 53.8 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,542,960
$10,342,503
-$1,799,543
2009
$8,992,991
$9,545,923
-$552,932
2010
$10,113,352
$10,196,795
-$83,443
2011
$10,653,381
$9,975,615
$677,766
2012
$10,534,092
$10,643,448
-$109,356
2013
$10,858,068
$10,311,362
$546,706
2014
$11,160,466
$10,500,788
$659,678
2015
$10,854,270
$11,283,173
-$428,903
2016
$11,101,194
$11,410,243
-$309,049
2017
$10,599,884
$11,432,239
-$832,355
Total
$103,410,658
$105,642,089
-$2,231,431
10-year change (%)
24.1
10.5
-53.8