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, Momence CUSD 1 reported 9 percent more revenue. At the same time, total spending went up 19.2 percent. The resulting deficit grew by 111.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,294,692
$12,533,764
-$1,239,072
2009
$11,194,139
$11,594,967
-$400,828
2010
$11,537,770
$11,628,787
-$91,017
2011
$11,611,656
$11,853,225
-$241,569
2012
$11,214,166
$12,039,425
-$825,259
2013
$11,341,973
$11,295,792
$46,181
2014
$11,382,610
$11,544,987
-$162,377
2015
$11,627,429
$12,723,622
-$1,096,193
2016
$12,467,740
$14,443,471
-$1,975,731
2017
$12,309,567
$14,935,392
-$2,625,825
Total
$115,981,742
$124,593,432
-$8,611,690
10-year change (%)
9
19.2
111.9
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