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, Waterloo CUSD 5 reported 2.2 percent more revenue. At the same time, total spending went up 76.8 percent. The resulting deficit grew by 213.4 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$25,679,785
$39,706,145
-$14,026,360
2009
$25,844,685
$40,947,551
-$15,102,866
2010
$26,186,828
$31,511,532
-$5,324,704
2011
$25,774,349
$25,740,779
$33,570
2012
$24,383,764
$25,339,568
-$955,804
2013
$24,067,921
$27,744,461
-$3,676,540
2014
$39,304,024
$25,637,217
$13,666,807
2015
$24,111,478
$27,400,432
-$3,288,954
2016
$24,829,075
$25,638,564
-$809,489
2017
$26,251,392
$70,208,951
-$43,957,559
Total
$266,433,301
$339,875,200
-$73,441,899
10-year change (%)
2.2
76.8
213.4
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