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, Highland CUSD 5 reported 8.1 percent more revenue. At the same time, total spending went up 9.2 percent. The resulting deficit grew by 24.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$28,362,438
$30,470,878
-$2,108,440
2009
$30,915,334
$30,764,846
$150,488
2010
$33,088,244
$32,145,243
$943,001
2011
$33,007,909
$31,518,539
$1,489,370
2012
$30,363,228
$31,224,232
-$861,004
2013
$29,921,229
$30,324,127
-$402,898
2014
$29,465,123
$29,091,643
$373,480
2015
$29,085,173
$29,193,453
-$108,280
2016
$29,609,233
$31,668,987
-$2,059,754
2017
$30,651,354
$33,283,670
-$2,632,316
Total
$304,469,265
$309,685,618
-$5,216,353
10-year change (%)
8.1
9.2
24.9