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, Tolono CUSD 7 reported 25.4 percent more revenue. At the same time, total spending went up 22.1 percent. The resulting deficit grew by 65 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$13,970,597
$14,494,337
-$523,740
2009
$14,809,474
$14,159,685
$649,789
2010
$15,812,570
$15,088,414
$724,156
2011
$17,131,911
$17,468,514
-$336,603
2012
$16,967,883
$20,733,238
-$3,765,355
2013
$17,424,431
$20,537,766
-$3,113,335
2014
$17,862,673
$18,963,202
-$1,100,529
2015
$17,147,831
$20,116,554
-$2,968,723
2016
$17,519,949
$20,131,146
-$2,611,197
2017
$17,517,883
$17,701,029
-$183,146
Total
$166,165,202
$179,393,885
-$13,228,683
10-year change (%)
25.4
22.1
-65
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