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, Downers Grove GSD 58 reported 22.9 percent more revenue. At the same time, total spending went up 21.5 percent. The resulting deficit grew by 44 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$53,161,719
$54,282,503
-$1,120,784
2009
$53,916,879
$58,840,897
-$4,924,018
2010
$56,451,921
$57,101,725
-$649,804
2011
$56,816,210
$59,617,004
-$2,800,794
2012
$56,340,882
$59,828,789
-$3,487,907
2013
$58,672,517
$61,589,809
-$2,917,292
2014
$59,248,510
$65,747,657
-$6,499,147
2015
$61,627,759
$62,969,225
-$1,341,466
2016
$63,101,644
$63,308,406
-$206,762
2017
$65,330,564
$65,957,816
-$627,252
Total
$584,668,605
$609,243,831
-$24,575,226
10-year change (%)
22.9
21.5
-44
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