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, Kaneland CUSD 302 reported 38.7 percent more revenue. At the same time, total spending went up 35.9 percent. The resulting deficit grew by 25.9 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$49,681,444
$51,943,563
-$2,262,119
2009
$54,348,692
$91,768,280
-$37,419,588
2010
$54,532,660
$72,961,679
-$18,429,019
2011
$57,064,032
$60,205,861
-$3,141,829
2012
$58,040,819
$57,560,740
$480,079
2013
$61,058,025
$58,286,311
$2,771,714
2014
$62,420,971
$61,124,521
$1,296,450
2015
$66,100,952
$65,367,719
$733,233
2016
$66,540,812
$68,520,684
-$1,979,872
2017
$68,916,778
$70,592,655
-$1,675,877
Total
$598,705,185
$658,332,013
-$59,626,828
10-year change (%)
38.7
35.9
-25.9
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