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, Peru ESD 124 reported 15.3 percent more revenue. At the same time, total spending went up 18.2 percent. The resulting deficit grew by 70.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$8,624,495
$9,101,822
-$477,327
2009
$9,470,849
$21,846,650
-$12,375,801
2010
$10,953,749
$15,530,488
-$4,576,739
2011
$10,817,240
$10,954,357
-$137,117
2012
$10,275,693
$11,780,332
-$1,504,639
2013
$10,422,861
$11,051,654
-$628,793
2014
$21,733,657
$11,175,766
$10,557,891
2015
$9,731,693
$17,941,295
-$8,209,602
2016
$9,780,636
$16,015,333
-$6,234,697
2017
$9,948,390
$10,762,040
-$813,650
Total
$111,759,263
$136,159,737
-$24,400,474
10-year change (%)
15.3
18.2
70.5
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