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, Bement CUSD 5 reported 9.7 percent more revenue. At the same time, total spending went up 3.5 percent. The resulting deficit grew by 52.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,676,979
$4,079,409
-$402,430
2009
$3,881,910
$4,544,444
-$662,534
2010
$4,135,506
$4,463,563
-$328,057
2011
$4,140,354
$4,195,397
-$55,043
2012
$3,973,396
$4,276,249
-$302,853
2013
$3,969,757
$4,298,670
-$328,913
2014
$3,936,769
$3,903,145
$33,624
2015
$3,836,211
$3,901,722
-$65,511
2016
$3,884,807
$3,896,957
-$12,150
2017
$4,031,740
$4,222,493
-$190,753
Total
$39,467,429
$41,782,049
-$2,314,620
10-year change (%)
9.7
3.5
-52.6