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, Ridgeland SD 122 reported 22.4 percent more revenue. At the same time, total spending went up 9.8 percent. The resulting deficit grew by 71.1 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$25,245,856
$29,209,813
-$3,963,957
2009
$25,433,758
$26,248,494
-$814,736
2010
$28,005,848
$26,418,069
$1,587,779
2011
$27,411,161
$27,641,631
-$230,470
2012
$29,015,371
$28,993,002
$22,369
2013
$29,655,370
$29,308,293
$347,077
2014
$31,759,751
$30,346,007
$1,413,744
2015
$31,782,491
$30,723,787
$1,058,704
2016
$32,203,657
$34,464,213
-$2,260,556
2017
$30,911,797
$32,057,889
-$1,146,092
Total
$291,425,060
$295,411,198
-$3,986,138
10-year change (%)
22.4
9.8
-71.1
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