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, Bourbonnais SD 53 reported 15.8 percent more revenue. At the same time, total spending went up 19.9 percent. The resulting deficit grew by 456 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$20,710,773
$20,907,827
-$197,054
2009
$27,880,773
$24,493,496
$3,387,277
2010
$23,284,088
$25,253,631
-$1,969,543
2011
$24,079,173
$22,595,404
$1,483,769
2012
$22,616,188
$21,983,158
$633,030
2013
$23,059,410
$31,867,810
-$8,808,400
2014
$22,731,937
$22,955,970
-$224,033
2015
$22,979,160
$25,644,685
-$2,665,525
2016
$23,198,490
$22,006,956
$1,191,534
2017
$23,983,206
$25,078,804
-$1,095,598
Total
$234,523,198
$242,787,741
-$8,264,543
10-year change (%)
15.8
19.9
456
Alerts Sign-up