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, Lebanon CUSD 9 reported 11.5 percent more revenue. At the same time, total spending went up 3.9 percent. The resulting deficit grew by 43.4 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$6,974,777
$8,089,907
-$1,115,130
2009
$7,130,758
$7,904,241
-$773,483
2010
$7,141,788
$8,443,338
-$1,301,550
2011
$7,313,445
$7,024,358
$289,087
2012
$7,042,800
$7,174,832
-$132,032
2013
$7,444,591
$7,552,326
-$107,735
2014
$7,364,384
$8,953,415
-$1,589,031
2015
$7,167,657
$13,184,316
-$6,016,659
2016
$7,230,800
$9,189,464
-$1,958,664
2017
$7,777,637
$8,408,818
-$631,181
Total
$72,588,637
$85,925,015
-$13,336,378
10-year change (%)
11.5
3.9
-43.4
Alerts Sign-up