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, Villa Grove CUSD 302 reported 18.1 percent more revenue. At the same time, total spending went up 10 percent. The resulting deficit grew by 74.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$5,483,421
$6,005,622
-$522,201
2009
$5,505,245
$5,883,491
-$378,246
2010
$5,957,581
$6,078,494
-$120,913
2011
$6,213,289
$6,311,930
-$98,641
2012
$5,839,015
$6,122,886
-$283,871
2013
$5,729,195
$6,148,120
-$418,925
2014
$6,042,615
$5,865,843
$176,772
2015
$6,034,645
$5,903,878
$130,767
2016
$6,588,672
$5,963,001
$625,671
2017
$6,474,674
$6,607,860
-$133,186
Total
$59,868,352
$60,891,125
-$1,022,773
10-year change (%)
18.1
10
-74.5
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