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, Bethalto CUSD 8 reported 3.4 percent more revenue. At the same time, total spending went up 27.6 percent. The resulting deficit grew by 798.7 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$23,112,632
$23,837,290
-$724,658
2009
$24,538,909
$25,163,839
-$624,930
2010
$26,392,234
$29,927,814
-$3,535,580
2011
$27,134,464
$33,739,494
-$6,605,030
2012
$25,305,619
$33,090,515
-$7,784,896
2013
$27,884,672
$39,431,942
-$11,547,270
2014
$25,345,872
$32,494,926
-$7,149,054
2015
$23,528,867
$23,000,355
$528,512
2016
$24,078,654
$28,725,512
-$4,646,858
2017
$23,891,427
$30,403,620
-$6,512,193
Total
$251,213,350
$299,815,307
-$48,601,957
10-year change (%)
3.4
27.6
798.7
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