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, Grayslake CCSD 46 reported 17.6 percent more revenue. At the same time, total spending went up 9.8 percent. The resulting deficit grew by 97.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$43,719,065
$46,894,186
-$3,175,121
2009
$43,764,210
$48,439,622
-$4,675,412
2010
$44,704,764
$44,439,282
$265,482
2011
$45,486,982
$46,251,353
-$764,371
2012
$46,263,820
$47,773,689
-$1,509,869
2013
$44,676,714
$45,929,393
-$1,252,679
2014
$44,859,645
$45,594,788
-$735,143
2015
$49,028,195
$47,338,978
$1,689,217
2016
$50,576,303
$50,792,750
-$216,447
2017
$51,436,071
$51,515,606
-$79,535
Total
$464,515,769
$474,969,647
-$10,453,878
10-year change (%)
17.6
9.8
-97.5