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, Hillsboro CUSD 3 reported 2.5 percent more revenue. At the same time, total spending went down 10 percent. The resulting deficit shrunk by 88.3 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$18,151,796
$21,049,107
-$2,897,311
2009
$18,652,822
$20,962,385
-$2,309,563
2010
$18,657,346
$20,074,647
-$1,417,301
2011
$19,961,499
$18,499,472
$1,462,027
2012
$18,360,426
$19,840,203
-$1,479,777
2013
$18,679,046
$19,888,223
-$1,209,177
2014
$18,250,361
$21,003,325
-$2,752,964
2015
$18,317,743
$20,437,878
-$2,120,135
2016
$18,418,004
$19,788,163
-$1,370,159
2017
$18,605,850
$18,943,970
-$338,120
Total
$186,054,893
$200,487,373
-$14,432,480
10-year change (%)
2.5
-10
-88.3
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