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, Salem SD 111 reported 4.6 percent more revenue. At the same time, total spending went up 33.8 percent. The resulting deficit grew by 3,569.1 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$7,711,402
$7,775,198
-$63,796
2009
$7,803,322
$7,608,162
$195,160
2010
$8,183,622
$7,739,016
$444,606
2011
$8,794,162
$7,459,026
$1,335,136
2012
$7,831,537
$8,736,747
-$905,210
2013
$7,980,045
$7,880,894
$99,151
2014
$8,221,565
$7,711,931
$509,634
2015
$7,950,002
$7,961,897
-$11,895
2016
$8,319,405
$8,201,159
$118,246
2017
$8,064,970
$10,405,704
-$2,340,734
Total
$80,860,032
$81,479,734
-$619,702
10-year change (%)
4.6
33.8
3,569.1
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