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, Sycamore CUSD 427 reported 15.8 percent more revenue. At the same time, total spending went up 1.6 percent. The resulting deficit grew by 78 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$40,606,807
$47,823,971
-$7,217,164
2009
$44,815,037
$69,318,995
-$24,503,958
2010
$43,367,693
$56,857,466
-$13,489,773
2011
$46,152,605
$58,722,183
-$12,569,578
2012
$42,912,812
$50,546,793
-$7,633,981
2013
$41,964,028
$48,483,990
-$6,519,962
2014
$43,724,437
$50,218,650
-$6,494,213
2015
$46,338,970
$53,065,087
-$6,726,117
2016
$48,750,106
$49,802,984
-$1,052,878
2017
$47,026,800
$48,614,337
-$1,587,537
Total
$445,659,295
$533,454,456
-$87,795,161
10-year change (%)
15.8
1.6
-78
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