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, Urbana SD 116 reported 38.8 percent more revenue. At the same time, total spending went up 24.5 percent.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$51,392,926
$55,321,465
-$3,928,539
2009
$57,659,740
$57,373,122
$286,618
2010
$58,693,266
$59,201,827
-$508,561
2011
$60,498,981
$67,525,531
-$7,026,550
2012
$58,051,657
$73,397,740
-$15,346,083
2013
$58,925,384
$75,760,918
-$16,835,534
2014
$66,068,974
$64,421,232
$1,647,742
2015
$60,213,464
$63,522,104
-$3,308,640
2016
$72,376,996
$68,576,279
$3,800,717
2017
$71,322,726
$68,853,536
$2,469,190
Total
$615,204,114
$653,953,754
-$38,749,640
10-year change (%)
38.8
24.5
N/M