School district · McLean County, IL

Bloomington School District 87's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bloomington School District 87 took in $94.0 million and spent $107 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

School district taxes52%State tax money40%Fines and other6.0%Fees for services (school lunches, school tuition and transportation)1.0%County and local tax money0.2%

What stands out

52%

of Bloomington School District 87's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes52%

Property tax
52%$49.2 million

Fees for services1.0%

Fees for services
1.0%$980 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$760 thousand
  • Other school charges$218 thousand
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

State tax money40%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
40%$38.0 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$149 thousand

Fines and other6.0%

Interest, rents and other
6.0%$5.6 million

Where it goes

Schools and colleges98%Sent to other local governments1.1%Interest on debt1.1%

Spending by category100%

Schools and colleges
98%$105 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$105 million
Sent to other local governments
1.1%$1.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.2 million
Interest on debt
1.1%$1.2 million
Sources and moreWhere these numbers come from and what they cover

Bloomington School District 87. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Bloomington School District 87 itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.