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, Thomasboro CCSD 130 reported 2.4 percent more revenue. At the same time, total spending went up 3.9 percent. The resulting deficit grew by 108.4 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,800,183
$1,827,370
-$27,187
2009
$1,720,220
$2,020,222
-$300,002
2010
$2,158,309
$2,164,265
-$5,956
2011
$2,125,262
$1,966,460
$158,802
2012
$1,851,166
$2,020,991
-$169,825
2013
$1,730,453
$2,022,803
-$292,350
2014
$1,794,861
$1,823,505
-$28,644
2015
$1,596,243
$1,742,653
-$146,410
2016
$1,757,632
$1,742,976
$14,656
2017
$1,842,460
$1,899,115
-$56,655
Total
$18,376,789
$19,230,360
-$853,571
10-year change (%)
2.4
3.9
108.4
Alerts Sign-up