School district · Tazewell County, IL
District 50 Schools's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), District 50 Schools took in $11.2 million and spent $12.7 million.
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Where it comes from
What stands out
of District 50 Schools' money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.
School district taxes31%
Fees for services1.6%
What's in fees for servicesOther school charges and school lunches
- Other school charges$133 thousand
- School lunches$46 thousand
Amounts are by Census type of charge.
State tax money65%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.8%
Where it goes
What stands out
of District 50 Schools' spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$11.9 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$638 thousand
Sources and moreWhere these numbers come from and what they cover
District 50 Schools. 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 District 50 Schools 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.