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, Park Forest SD 163 reported 7.7 percent more revenue. At the same time, total spending went up 67.2 percent. The resulting deficit grew by 2,497.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$25,795,309
$26,426,481
-$631,172
2009
$25,487,545
$27,388,390
-$1,900,845
2010
$26,175,553
$34,165,444
-$7,989,891
2011
$26,964,914
$39,650,627
-$12,685,713
2012
$25,791,400
$27,868,558
-$2,077,158
2013
$26,673,958
$27,193,680
-$519,722
2014
$25,501,263
$25,282,701
$218,562
2015
$26,606,794
$32,628,222
-$6,021,428
2016
$28,009,055
$34,838,158
-$6,829,103
2017
$27,788,164
$44,185,146
-$16,396,982
Total
$264,793,955
$319,627,407
-$54,833,452
10-year change (%)
7.7
67.2
2,497.9
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