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, River Grove SD 85-5 reported 35 percent more revenue. At the same time, total spending went up 44.9 percent. The resulting deficit grew by 155 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,097,658
$6,645,035
-$547,377
2009
$6,548,971
$7,099,585
-$550,614
2010
$6,703,545
$7,855,340
-$1,151,795
2011
$7,030,312
$7,409,035
-$378,723
2012
$7,171,809
$7,169,695
$2,114
2013
$7,279,636
$6,739,894
$539,742
2014
$7,661,588
$7,572,653
$88,935
2015
$7,875,543
$8,012,277
-$136,734
2016
$8,843,112
$10,177,726
-$1,334,614
2017
$8,232,391
$9,628,254
-$1,395,863
Total
$73,444,565
$78,309,494
-$4,864,929
10-year change (%)
35
44.9
155