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, Avoca SD 37 reported 30.4 percent more revenue. At the same time, total spending went up 29.1 percent. The resulting deficit grew by 17.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$11,748,692
$12,976,865
-$1,228,173
2009
$12,128,975
$14,882,835
-$2,753,860
2010
$13,577,014
$13,452,037
$124,977
2011
$13,487,510
$13,735,637
-$248,127
2012
$13,791,878
$13,758,702
$33,176
2013
$13,963,099
$13,361,242
$601,857
2014
$14,647,954
$14,491,712
$156,242
2015
$14,681,574
$14,903,996
-$222,422
2016
$15,006,789
$17,209,776
-$2,202,987
2017
$15,316,078
$16,759,236
-$1,443,158
Total
$138,349,563
$145,532,038
-$7,182,475
10-year change (%)
30.4
29.1
17.5