School district · Wayne County, IL

Fairfield Public School District 112's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Fairfield Public School District 112 took in $9.7 million and spent $10.8 million.

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

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Where it comes from

State tax money76%School district taxes20%County and local tax money2.4%Fines and other1.3%Fees for services (school lunches, school tuition and transportation)0.4%Federal tax money0.1%

What stands out

76%

of Fairfield Public School District 112's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes20%

Property tax
20%$1.9 million

Fees for services0.4%

Fees for services
0.4%$37 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$29 thousand
  • School lunches$6 thousand
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$14 thousand

State tax money76%

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

From the state
76%$7.4 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$234 thousand

Fines and other1.3%

Interest, rents and other
1.3%$126 thousand

Where it goes

Schools and colleges97%Sent to other local governments1.8%Interest on debt0.9%

Spending by category100%

Schools and colleges
97%$10.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.5 million
Sent to other local governments
1.8%$195 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$195 thousand
Interest on debt
0.9%$96 thousand
Sources and moreWhere these numbers come from and what they cover

Fairfield Public School District 112. 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 Fairfield Public School District 112 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.