School district · Vermilion County, IL

Danville Community Consolidated School District 118's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Danville Community Consolidated School District 118 took in $112 million and spent $143 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money80%School district taxes17%Fines and other1.8%Federal tax money0.4%Fees for services (school lunches)0.1%

What stands out

80%

of Danville Community Consolidated School District 118's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax

17%$19.4 million

Fees for services0.1%

Fees for services

0.1%$165 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$90 thousand
Other school charges$75 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government

0.4%$415 thousand

State tax money80%

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

From the state

80%$90.0 million

Fines and other1.8%

Interest, rents and other

1.8%$2.0 million

Where it goes

Schools and colleges97%Sent to other local governments2.2%Interest on debt0.7%

Spending by category100%

Schools and colleges

97%$139 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$139 million

Sent to other local governments

2.2%$3.2 million

What's in sent to other local governmentsSent to school districts

Sent to school districts$3.2 million

Interest on debt

0.7%$950 thousand

Sources and moreWhere these numbers come from and what they cover

Danville Community Consolidated School District 118. 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 Danville Community Consolidated School District 118 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.