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, Skokie SD 73-5 reported 30.6 percent more revenue. At the same time, total spending went up 51.3 percent. The resulting deficit grew by 279.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$16,637,158
$18,144,447
-$1,507,289
2009
$17,589,860
$17,575,869
$13,991
2010
$18,250,751
$15,308,076
$2,942,675
2011
$17,997,842
$16,134,537
$1,863,305
2012
$17,702,916
$16,075,348
$1,627,568
2013
$18,543,811
$16,357,293
$2,186,518
2014
$18,759,046
$18,312,314
$446,732
2015
$19,835,308
$18,828,469
$1,006,839
2016
$20,112,354
$30,346,089
-$10,233,735
2017
$21,725,100
$27,445,522
-$5,720,422
Total
$187,154,146
$194,527,964
-$7,373,818
10-year change (%)
30.6
51.3
279.5
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