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, Gibson City-Melvin-Sibley CUSD 5 reported 24.3 percent more revenue. At the same time, total spending went up 4 percent.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,456,200
$11,599,666
-$1,143,466
2009
$10,497,569
$11,178,504
-$680,935
2010
$10,562,943
$10,897,833
-$334,890
2011
$11,815,485
$13,277,525
-$1,462,040
2012
$11,021,619
$11,503,661
-$482,042
2013
$11,224,063
$10,987,417
$236,646
2014
$11,462,508
$11,333,741
$128,767
2015
$11,358,907
$12,192,631
-$833,724
2016
$11,807,251
$11,670,105
$137,146
2017
$12,995,071
$12,069,070
$926,001
Total
$113,201,616
$116,710,153
-$3,508,537
10-year change (%)
24.3
4
N/M
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