School district · Kankakee County, IL

Bourbonnais School District 53's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bourbonnais School District 53 took in $34.8 million and spent $39.6 million.

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

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Where it comes from

School district taxes49%State tax money46%Fines and other3.7%Fees for services (school lunches)1.1%Federal tax money0.5%County and local tax money<0.1%

What stands out

49%

of Bourbonnais School District 53's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes49%

Property tax
49%$17.0 million

Fees for services1.1%

Fees for services
1.1%$396 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$200 thousand
  • School lunches$196 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.5%$187 thousand

State tax money46%

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

From the state
46%$15.9 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$22 thousand

Fines and other3.7%

Interest, rents and other
3.7%$1.3 million

Where it goes

Schools and colleges100%Interest on debt0.5%

Spending by category100%

Schools and colleges
100%$39.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$39.4 million
Interest on debt
0.5%$192 thousand
Sources and moreWhere these numbers come from and what they cover

Bourbonnais School District 53. 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 Bourbonnais School District 53 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.