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, Northfield Twp HSD 225 reported 30.9 percent more revenue. At the same time, total spending went up 6.3 percent. The resulting deficit grew by 98.3 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$99,937,711
$123,383,993
-$23,446,282
2009
$101,551,376
$124,452,468
-$22,901,092
2010
$110,068,229
$103,948,069
$6,120,160
2011
$106,270,663
$105,159,296
$1,111,367
2012
$112,189,767
$115,357,783
-$3,168,016
2013
$112,805,424
$115,011,169
-$2,205,745
2014
$117,776,096
$116,489,408
$1,286,688
2015
$123,110,390
$126,176,981
-$3,066,591
2016
$128,014,118
$127,690,217
$323,901
2017
$130,772,135
$131,173,719
-$401,584
Total
$1,142,495,909
$1,188,843,103
-$46,347,194
10-year change (%)
30.9
6.3
-98.3
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