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, North Palos SD 117 reported 34.8 percent more revenue. At the same time, total spending went up 42.7 percent. The resulting deficit grew by 169.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$33,600,190
$35,692,006
-$2,091,816
2009
$35,429,595
$36,580,600
-$1,151,005
2010
$37,482,239
$35,284,515
$2,197,724
2011
$39,025,592
$37,425,722
$1,599,870
2012
$38,835,030
$36,268,573
$2,566,457
2013
$39,169,585
$37,648,822
$1,520,763
2014
$40,570,006
$46,882,461
-$6,312,455
2015
$41,759,541
$49,254,841
-$7,495,300
2016
$44,545,360
$42,032,925
$2,512,435
2017
$45,285,608
$50,925,067
-$5,639,459
Total
$395,702,746
$407,995,532
-$12,292,786
10-year change (%)
34.8
42.7
169.6
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