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, McLean County USD 5 reported 54.9 percent more revenue. At the same time, total spending went up 42.3 percent. The resulting deficit grew by 34 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$96,010,307
$111,907,514
-$15,897,207
2009
$145,158,185
$137,603,776
$7,554,409
2010
$134,598,475
$190,712,364
-$56,113,889
2011
$138,207,941
$158,991,999
-$20,784,058
2012
$134,807,330
$141,443,498
-$6,636,168
2013
$142,601,558
$143,935,715
-$1,334,157
2014
$145,319,674
$148,654,011
-$3,334,337
2015
$145,340,467
$147,616,669
-$2,276,202
2016
$149,441,786
$151,528,828
-$2,087,042
2017
$148,728,063
$159,215,481
-$10,487,418
Total
$1,380,213,786
$1,491,609,855
-$111,396,069
10-year change (%)
54.9
42.3
-34
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