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, Pekin PSD 108 reported 2.1 percent more revenue. At the same time, total spending went up 3 percent. The resulting deficit grew by 26.4 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$33,695,653
$34,968,414
-$1,272,761
2009
$32,771,750
$33,468,254
-$696,504
2010
$32,453,763
$33,394,696
-$940,933
2011
$35,310,895
$33,789,454
$1,521,441
2012
$32,817,083
$37,708,663
-$4,891,580
2013
$34,434,540
$35,551,416
-$1,116,876
2014
$35,321,261
$33,731,790
$1,589,471
2015
$33,392,618
$34,451,115
-$1,058,497
2016
$34,143,319
$35,205,764
-$1,062,445
2017
$34,394,528
$36,002,663
-$1,608,135
Total
$338,735,410
$348,272,229
-$9,536,819
10-year change (%)
2.1
3
26.4
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