School district · Grundy County, IL

Braceville School District 75's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Braceville School District 75 took in $2.2 million and spent $2.1 million.

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

See every government that serves your ZIP

Where it comes from

State tax money66%School district taxes33%Fines and other0.9%Fees for services (school lunches)0.9%

What stands out

33%

of Braceville School District 75's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes33%

Property tax
33%$723 thousand

Fees for services0.9%

Fees for services
0.9%$19 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$13 thousand
  • School lunches$6 thousand

Amounts are by Census type of charge.

State tax money66%

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

From the state
66%$1.5 million

Fines and other0.9%

Interest, rents and other
0.9%$21 thousand

Where it goes

Schools and colleges65%Sent to other local governments35%Interest on debt0.7%

What stands out

35%

of Braceville School District 75's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
65%$1.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.3 million
Sent to other local governments
35%$727 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$727 thousand
Interest on debt
0.7%$14 thousand
Sources and moreWhere these numbers come from and what they cover

Braceville School District 75. 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 Braceville School District 75 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.