School district · Fulton County, IL

Farmington Central Community Unit School District 265's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Farmington Central Community Unit School District 265 took in $19.0 million and spent $19.9 million.

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

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Where it comes from

School district taxes44%State tax money43%County and local tax money6.2%Fines and other3.5%Fees for services (school lunches)1.9%Federal tax money0.8%

What stands out

44%

of Farmington Central Community Unit School District 265's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes44%

Property tax

44%$8.4 million

Fees for services1.9%

Fees for services

1.9%$367 thousand

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

School lunches$247 thousand
Other school charges$120 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government

0.8%$160 thousand

State tax money43%

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

From the state

43%$8.2 million

County and local tax money6.2%

Money passed on by the county or other local governments.

From the county and other local governments

6.2%$1.2 million

Fines and other3.5%

Interest, rents and other

3.5%$666 thousand

Where it goes

Schools and colleges91%Sent to other local governments8.3%Interest on debt0.7%

What stands out

8.3%

of Farmington Central Community Unit School District 265'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

91%$18.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$18.1 million

Sent to other local governments

8.3%$1.7 million

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

Sent to school districts$1.7 million

Interest on debt

0.7%$146 thousand

Sources and moreWhere these numbers come from and what they cover

Farmington Central Community Unit School District 265. 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 Farmington Central Community Unit School District 265 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.