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, Sparta CUSD 140 reported 2.9 percent less revenue. At the same time, total spending went up 25 percent. The resulting deficit grew by 1,347.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$13,581,789
$13,867,791
-$286,002
2009
$13,917,225
$15,436,614
-$1,519,389
2010
$14,126,455
$14,121,125
$5,330
2011
$14,640,114
$14,334,575
$305,539
2012
$13,398,874
$13,573,655
-$174,781
2013
$12,988,130
$13,288,181
-$300,051
2014
$12,799,938
$13,178,580
-$378,642
2015
$12,778,824
$13,265,794
-$486,970
2016
$13,317,875
$18,324,741
-$5,006,866
2017
$13,192,180
$17,332,099
-$4,139,919
Total
$134,741,404
$146,723,155
-$11,981,751
10-year change (%)
-2.9
25
1,347.5
Alerts Sign-up