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, Il Valley Central USD 321 reported 10.4 percent more revenue. At the same time, total spending went up 8.2 percent. The resulting deficit grew by 5.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$18,458,210
$21,368,024
-$2,909,814
2009
$20,580,636
$20,804,035
-$223,399
2010
$20,240,319
$28,525,024
-$8,284,705
2011
$21,217,797
$21,753,966
-$536,169
2012
$20,695,905
$20,375,722
$320,183
2013
$19,765,943
$21,196,079
-$1,430,136
2014
$15,280,005
$22,692,023
-$7,412,018
2015
$19,143,359
$19,395,386
-$252,027
2016
$19,915,236
$20,856,116
-$940,880
2017
$20,372,307
$23,115,373
-$2,743,066
Total
$195,669,717
$220,081,748
-$24,412,031
10-year change (%)
10.4
8.2
-5.7
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