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, Princeton ESD 115 reported 10.4 percent more revenue. At the same time, total spending went up 12.7 percent. The resulting deficit grew by 118.2 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$10,635,987
$10,858,790
-$222,803
2009
$10,930,933
$11,197,751
-$266,818
2010
$10,912,523
$11,704,979
-$792,456
2011
$10,727,032
$11,198,185
-$471,153
2012
$10,329,466
$11,471,710
-$1,142,244
2013
$10,100,606
$11,866,486
-$1,765,880
2014
$11,037,867
$12,226,625
-$1,188,758
2015
$10,837,933
$11,931,281
-$1,093,348
2016
$10,725,237
$12,316,994
-$1,591,757
2017
$11,746,461
$12,232,612
-$486,151
Total
$107,984,045
$117,005,413
-$9,021,368
10-year change (%)
10.4
12.7
118.2
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