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, Quincy SD 172 reported 7.7 percent more revenue. At the same time, total spending went up 37.7 percent. The resulting deficit grew by 670.8 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$63,986,307
$67,016,867
-$3,030,560
2009
$63,722,751
$70,848,824
-$7,126,073
2010
$64,737,432
$71,297,185
-$6,559,753
2011
$72,309,874
$74,586,831
-$2,276,957
2012
$66,952,326
$80,373,870
-$13,421,544
2013
$68,788,029
$66,316,764
$2,471,265
2014
$68,342,146
$69,303,419
-$961,273
2015
$68,024,078
$69,984,222
-$1,960,144
2016
$67,695,904
$82,049,672
-$14,353,768
2017
$68,929,573
$92,289,055
-$23,359,482
Total
$673,488,420
$744,066,709
-$70,578,289
10-year change (%)
7.7
37.7
670.8
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