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, Bloomington SD 87 reported 15 percent more revenue. At the same time, total spending went up 18.3 percent. The resulting deficit grew by 87.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$57,010,675
$59,750,367
-$2,739,692
2009
$59,136,854
$61,878,236
-$2,741,382
2010
$60,315,558
$67,299,185
-$6,983,627
2011
$63,689,566
$67,372,164
-$3,682,598
2012
$66,720,448
$67,342,806
-$622,358
2013
$64,001,579
$67,694,030
-$3,692,451
2014
$62,353,059
$65,119,081
-$2,766,022
2015
$61,460,771
$63,054,266
-$1,593,495
2016
$62,549,370
$66,349,563
-$3,800,193
2017
$65,564,055
$70,707,176
-$5,143,121
Total
$622,801,935
$656,566,874
-$33,764,939
10-year change (%)
15
18.3
87.7
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