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, Edwardsville CUSD 7 reported 3.6 percent more revenue. At the same time, total spending went down 40.4 percent. The resulting deficit shrunk by 98.1 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$72,089,656
$127,096,804
-$55,007,148
2009
$73,423,778
$81,357,198
-$7,933,420
2010
$73,294,589
$75,321,453
-$2,026,864
2011
$71,599,909
$72,789,650
-$1,189,741
2012
$69,691,664
$73,414,434
-$3,722,770
2013
$70,185,696
$72,217,354
-$2,031,658
2014
$70,725,361
$72,971,881
-$2,246,520
2015
$71,266,117
$77,164,940
-$5,898,823
2016
$72,234,309
$73,715,707
-$1,481,398
2017
$74,673,332
$75,697,651
-$1,024,319
Total
$719,184,411
$801,747,072
-$82,562,661
10-year change (%)
3.6
-40.4
-98.1