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, Mt Vernon Twp HSD 201 reported 91.2 percent more revenue. At the same time, total spending went up 85.8 percent. The resulting deficit grew by 20.6 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$12,425,665
$13,452,253
-$1,026,588
2009
$13,414,400
$13,503,000
-$88,600
2010
$13,948,547
$14,137,998
-$189,451
2011
$15,275,842
$13,600,391
$1,675,451
2012
$14,217,525
$13,912,709
$304,816
2013
$15,897,891
$20,170,384
-$4,272,493
2014
$16,088,080
$17,170,534
-$1,082,454
2015
$35,164,385
$33,286,441
$1,877,944
2016
$39,704,894
$57,755,309
-$18,050,415
2017
$23,757,339
$24,994,848
-$1,237,509
Total
$199,894,568
$221,983,867
-$22,089,299
10-year change (%)
91.2
85.8
20.6
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