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, Effingham CUSD 40 reported 2.2 percent less revenue. At the same time, total spending went up 16.3 percent. The resulting deficit grew by 926.2 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$25,456,824
$25,974,345
-$517,521
2009
$26,589,078
$35,581,187
-$8,992,109
2010
$26,741,261
$29,086,858
-$2,345,597
2011
$28,301,918
$27,972,450
$329,468
2012
$25,453,799
$26,065,617
-$611,818
2013
$25,912,846
$26,111,375
-$198,529
2014
$25,593,842
$26,350,027
-$756,185
2015
$24,252,501
$24,685,079
-$432,578
2016
$24,149,388
$24,389,280
-$239,892
2017
$24,894,705
$30,205,290
-$5,310,585
Total
$257,346,162
$276,421,508
-$19,075,346
10-year change (%)
-2.2
16.3
926.2
Alerts Sign-up