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, Thornton SD 154 reported 5.1 percent more revenue. At the same time, total spending went up 20.6 percent. The resulting deficit grew by 165.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,569,425
$2,844,810
-$275,385
2009
$2,752,762
$2,558,996
$193,766
2010
$2,638,208
$2,598,624
$39,584
2011
$2,778,768
$3,960,333
-$1,181,565
2012
$2,977,171
$2,955,288
$21,883
2013
$2,924,758
$3,027,789
-$103,031
2014
$3,153,144
$3,059,103
$94,041
2015
$3,146,203
$3,288,386
-$142,183
2016
$2,677,399
$3,430,092
-$752,693
2017
$2,700,451
$3,431,898
-$731,447
Total
$28,318,289
$31,155,319
-$2,837,030
10-year change (%)
5.1
20.6
165.6
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