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, Odell CCSD 435 reported 18.1 percent more revenue. At the same time, total spending went up 14.2 percent. The resulting deficit grew by 17 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$1,681,536
$1,893,351
-$211,815
2009
$1,750,258
$1,722,331
$27,927
2010
$1,814,447
$1,794,343
$20,104
2011
$2,073,598
$1,876,144
$197,454
2012
$2,054,304
$2,637,425
-$583,121
2013
$2,080,743
$3,211,603
-$1,130,860
2014
$2,178,011
$2,480,692
-$302,681
2015
$2,132,427
$2,152,403
-$19,976
2016
$1,988,545
$2,012,878
-$24,333
2017
$1,986,761
$2,162,561
-$175,800
Total
$19,740,630
$21,943,731
-$2,203,101
10-year change (%)
18.1
14.2
-17
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