School district · Tazewell County, IL

Deer Creek Mackinaw Community Unit School District 701's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Deer Creek Mackinaw Community Unit School District 701 took in $14.5 million and spent $15.7 million.

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

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Where it comes from

School district taxes51%State tax money42%Fines and other3.8%Fees for services (school lunches, school tuition and transportation)2.9%County and local tax money0.6%

What stands out

51%

of Deer Creek Mackinaw Community Unit School District 701's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes51%

Property tax
51%$7.3 million

Fees for services2.9%

Fees for services
2.9%$423 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$245 thousand
  • Other school charges$163 thousand
  • School tuition and transportation$15 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$6.1 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$89 thousand

Fines and other3.8%

Interest, rents and other
3.8%$549 thousand

Where it goes

Schools and colleges97%Interest on debt1.9%Sent to other local governments1.4%

Spending by category100%

Schools and colleges
97%$15.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.2 million
Interest on debt
1.9%$304 thousand
Sent to other local governments
1.4%$213 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$213 thousand
Sources and moreWhere these numbers come from and what they cover

Deer Creek Mackinaw Community Unit School District 701. 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 Deer Creek Mackinaw Community Unit School District 701 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.