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, Summit SD 104 reported 26.4 percent more revenue. At the same time, total spending went up 26.7 percent. The resulting deficit grew by 32.1 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$22,780,708
$23,904,640
-$1,123,932
2009
$21,958,919
$23,542,114
-$1,583,195
2010
$23,635,905
$25,228,521
-$1,592,616
2011
$20,366,752
$21,501,222
-$1,134,470
2012
$21,375,242
$22,176,935
-$801,693
2013
$24,497,041
$23,160,600
$1,336,441
2014
$24,975,975
$25,167,551
-$191,576
2015
$22,798,546
$27,677,767
-$4,879,221
2016
$29,365,706
$27,045,210
$2,320,496
2017
$28,796,603
$30,281,261
-$1,484,658
Total
$240,551,397
$249,685,821
-$9,134,424
10-year change (%)
26.4
26.7
32.1
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