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, Hoover-Schrum Memorial SD 157 reported 26.9 percent more revenue. At the same time, total spending went up 132.8 percent.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,349,916
$9,101,444
$1,248,472
2009
$11,125,854
$10,697,430
$428,424
2010
$11,344,549
$11,399,913
-$55,364
2011
$11,056,811
$10,321,733
$735,078
2012
$10,199,112
$11,159,691
-$960,579
2013
$13,547,207
$11,262,913
$2,284,294
2014
$11,776,203
$12,036,703
-$260,500
2015
$12,431,313
$14,150,233
-$1,718,920
2016
$14,270,461
$28,360,605
-$14,090,144
2017
$13,136,855
$21,192,180
-$8,055,325
Total
$119,238,281
$139,682,845
-$20,444,564
10-year change (%)
26.9
132.8
N/M
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