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, Bloom Twp HSD 206 reported 29.4 percent more revenue. At the same time, total spending went up 85.6 percent. The resulting deficit grew by 699 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$44,129,443
$48,172,621
-$4,043,178
2009
$45,337,446
$49,965,286
-$4,627,840
2010
$50,037,457
$55,632,573
-$5,595,116
2011
$52,883,387
$55,815,046
-$2,931,659
2012
$51,673,746
$55,826,646
-$4,152,900
2013
$51,670,733
$54,333,319
-$2,662,586
2014
$53,965,917
$50,952,749
$3,013,168
2015
$52,571,318
$52,374,147
$197,171
2016
$57,155,060
$57,841,726
-$686,666
2017
$57,090,134
$89,397,291
-$32,307,157
Total
$516,514,641
$570,311,404
-$53,796,763
10-year change (%)
29.4
85.6
699