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, Limestone CHSD 310 reported 14.1 percent more revenue. At the same time, total spending went up 24.5 percent. The resulting deficit grew by 653.3 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,804,176
$11,999,505
-$195,329
2009
$12,037,663
$12,258,968
-$221,305
2010
$11,787,104
$14,980,967
-$3,193,863
2011
$12,832,504
$14,374,287
-$1,541,783
2012
$12,982,149
$14,543,279
-$1,561,130
2013
$12,561,737
$13,948,667
-$1,386,930
2014
$13,177,093
$14,434,479
-$1,257,386
2015
$13,122,776
$14,943,028
-$1,820,252
2016
$13,429,117
$15,863,032
-$2,433,915
2017
$13,468,066
$14,939,446
-$1,471,380
Total
$127,202,385
$142,285,658
-$15,083,273
10-year change (%)
14.1
24.5
653.3