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, Giant City CCSD 130 reported 1.2 percent less revenue. At the same time, total spending went up 1.6 percent. The resulting deficit grew by 7.8 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$2,332,373
$3,363,162
-$1,030,789
2009
$2,309,917
$2,365,079
-$55,162
2010
$2,568,069
$2,509,304
$58,764
2011
$2,608,903
$2,428,697
$180,206
2012
$2,463,209
$2,539,460
-$76,251
2013
$2,441,400
$2,287,066
$154,334
2014
$2,396,621
$2,201,342
$195,279
2015
$2,242,462
$2,422,133
-$179,671
2016
$2,324,127
$2,135,628
$188,499
2017
$2,305,156
$3,416,107
-$1,110,951
Total
$23,992,237
$25,667,978
-$1,675,742
10-year change (%)
-1.2
1.6
7.8