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, Madison CUSD 12 reported 28.7 percent less revenue. At the same time, total spending went down 32 percent. The resulting deficit shrunk by 58.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$14,584,018
$16,401,609
-$1,817,591
2009
$13,696,284
$14,488,598
-$792,314
2010
$13,972,097
$14,848,880
-$876,783
2011
$13,026,324
$12,759,996
$266,328
2012
$11,602,628
$12,356,010
-$753,382
2013
$10,391,421
$11,376,892
-$985,471
2014
$10,919,631
$10,861,026
$58,605
2015
$9,946,387
$10,501,519
-$555,132
2016
$10,016,092
$10,230,109
-$214,017
2017
$10,399,890
$11,152,061
-$752,171
Total
$118,554,772
$124,976,700
-$6,421,928
10-year change (%)
-28.7
-32
-58.6
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