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, Oakland CUSD 5 reported 4.2 percent more revenue. At the same time, total spending went up 9 percent.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$3,314,795
$3,203,122
$111,673
2009
$3,494,136
$4,114,346
-$620,210
2010
$3,874,193
$3,874,456
-$263
2011
$4,209,152
$4,576,863
-$367,711
2012
$4,076,217
$5,283,603
-$1,207,386
2013
$3,560,438
$3,802,808
-$242,370
2014
$3,654,573
$3,395,230
$259,343
2015
$2,915,381
$3,293,924
-$378,543
2016
$2,812,061
$3,191,759
-$379,698
2017
$3,452,296
$3,490,087
-$37,791
Total
$35,363,242
$38,226,198
-$2,862,956
10-year change (%)
4.2
9
N/M