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, Geneva CUSD 304 reported 24.8 percent more revenue. At the same time, total spending went down 18.4 percent. The resulting deficit shrunk by 91.8 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$76,336,966
$121,134,615
-$44,797,649
2009
$84,561,550
$120,825,249
-$36,263,699
2010
$81,513,970
$92,272,738
-$10,758,768
2011
$86,177,504
$84,718,031
$1,459,473
2012
$90,148,727
$82,092,135
$8,056,592
2013
$91,273,022
$90,378,717
$894,305
2014
$89,586,340
$90,934,973
-$1,348,633
2015
$93,176,488
$94,611,623
-$1,435,135
2016
$93,966,563
$96,971,555
-$3,004,992
2017
$95,236,715
$98,887,624
-$3,650,909
Total
$881,977,845
$972,827,260
-$90,849,415
10-year change (%)
24.8
-18.4
-91.8