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, Tremont CUSD 702 reported 4.4 percent more revenue. At the same time, total spending went down 42.1 percent. The resulting deficit shrunk by 95.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,174,836
$17,138,625
-$7,963,789
2009
$9,141,951
$11,664,190
-$2,522,239
2010
$9,278,575
$9,709,655
-$431,080
2011
$9,787,529
$9,495,640
$291,889
2012
$9,257,061
$9,603,199
-$346,138
2013
$9,253,762
$9,253,559
$203
2014
$9,443,901
$9,260,167
$183,734
2015
$9,177,388
$10,365,963
-$1,188,575
2016
$9,430,330
$9,557,936
-$127,606
2017
$9,579,843
$9,925,249
-$345,406
Total
$93,525,176
$105,974,183
-$12,449,007
10-year change (%)
4.4
-42.1
-95.7
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