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, Oglesby ESD 125 reported 22.8 percent more revenue. At the same time, total spending went up 19.5 percent. The resulting deficit grew by 12.8 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$4,307,666
$4,746,714
-$439,048
2009
$4,408,283
$4,891,653
-$483,370
2010
$4,737,528
$4,866,771
-$129,243
2011
$5,458,608
$5,570,182
-$111,574
2012
$5,434,740
$5,036,468
$398,272
2013
$5,521,303
$5,290,976
$230,327
2014
$5,371,324
$5,258,909
$112,415
2015
$5,092,503
$5,475,534
-$383,031
2016
$5,198,424
$5,735,404
-$536,980
2017
$5,288,682
$5,671,661
-$382,979
Total
$50,819,061
$52,544,272
-$1,725,211
10-year change (%)
22.8
19.5
-12.8
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