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, Palatine CCSD 15 reported 21.3 percent more revenue. At the same time, total spending went up 28.8 percent. The resulting deficit grew by 1,944.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$131,390,997
$131,904,874
-$513,877
2009
$136,958,543
$134,102,000
$2,856,543
2010
$149,588,068
$142,428,442
$7,159,626
2011
$143,392,339
$144,082,871
-$690,532
2012
$145,205,264
$145,219,429
-$14,165
2013
$149,838,077
$149,680,394
$157,683
2014
$151,961,537
$152,885,599
-$924,062
2015
$153,690,595
$152,946,441
$744,154
2016
$154,569,006
$164,731,097
-$10,162,091
2017
$159,392,205
$169,900,539
-$10,508,334
Total
$1,475,986,631
$1,487,881,686
-$11,895,055
10-year change (%)
21.3
28.8
1,944.9
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