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, Princeville CUSD 326 reported 30 percent more revenue. At the same time, total spending went up 24.2 percent. The resulting deficit grew by 12.2 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,494,509
$7,517,621
-$1,023,112
2009
$7,120,060
$7,690,539
-$570,479
2010
$7,292,532
$7,059,552
$232,980
2011
$7,923,678
$7,297,748
$625,930
2012
$7,316,865
$7,384,824
-$67,959
2013
$7,236,242
$8,127,176
-$890,934
2014
$7,645,392
$8,014,886
-$369,494
2015
$7,751,526
$8,127,542
-$376,016
2016
$8,485,204
$14,325,733
-$5,840,529
2017
$8,441,587
$9,339,771
-$898,184
Total
$75,707,595
$84,885,392
-$9,177,797
10-year change (%)
30
24.2
-12.2
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