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, Mount Vernon SD 80 reported 10.7 percent more revenue. At the same time, total spending went up 0.7 percent. The resulting deficit grew by 88.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$18,534,386
$20,599,843
-$2,065,457
2009
$18,489,076
$19,097,317
-$608,241
2010
$19,899,337
$19,731,598
$167,739
2011
$20,502,370
$18,465,433
$2,036,937
2012
$20,097,617
$18,783,551
$1,314,066
2013
$19,096,358
$22,656,123
-$3,559,765
2014
$19,492,869
$22,473,903
-$2,981,034
2015
$19,081,004
$19,905,641
-$824,637
2016
$20,170,562
$20,247,266
-$76,704
2017
$20,514,404
$20,743,438
-$229,034
Total
$195,877,983
$202,704,113
-$6,826,130
10-year change (%)
10.7
0.7
-88.9
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