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, Coal City CUSD 1 reported 10.9 percent more revenue. At the same time, total spending went up 0.7 percent. The resulting deficit grew by 37.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$27,401,463
$34,784,531
-$7,383,068
2009
$26,011,163
$40,882,888
-$14,871,725
2010
$26,667,420
$41,222,182
-$14,554,762
2011
$28,299,645
$36,742,105
-$8,442,460
2012
$28,316,827
$27,982,908
$333,919
2013
$29,979,906
$31,620,001
-$1,640,095
2014
$32,862,937
$30,320,441
$2,542,496
2015
$30,025,701
$29,101,381
$924,320
2016
$31,894,820
$35,884,540
-$3,989,720
2017
$30,403,079
$35,020,904
-$4,617,825
Total
$291,862,961
$343,561,881
-$51,698,920
10-year change (%)
10.9
0.7
-37.5
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