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, Bond County CUSD 2 reported 16.5 percent more revenue. At the same time, total spending went up 4.5 percent. The resulting deficit grew by 92.3 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,011,835
$17,992,516
-$1,980,681
2009
$17,410,224
$23,483,058
-$6,072,834
2010
$17,014,855
$18,933,314
-$1,918,459
2011
$19,314,810
$17,970,947
$1,343,863
2012
$18,009,050
$18,915,085
-$906,035
2013
$18,171,130
$18,450,264
-$279,134
2014
$17,886,996
$24,606,043
-$6,719,047
2015
$17,103,023
$18,400,722
-$1,297,699
2016
$17,473,923
$18,046,089
-$572,166
2017
$18,650,457
$18,803,540
-$153,083
Total
$177,046,303
$195,601,578
-$18,555,275
10-year change (%)
16.5
4.5
-92.3
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