School district · LaSalle County, IL

Illinois Valley Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Illinois Valley Community College took in $39.6 million and spent $35.5 million.

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

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Where it comes from

School district taxes37%State tax money26%Fees for services (college tuition, university housing and dining)20%Fines and other10%Federal tax money6.5%

What stands out

37%

of Illinois Valley Community College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes37%

Property tax
37%$14.6 million

Fees for services20%

Fees for services
20%$8.1 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$7.8 million
  • University housing and dining$206 thousand

Amounts are by Census type of charge.

Federal tax money6.5%

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

From the federal government
6.5%$2.6 million

State tax money26%

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

From the state
26%$10.4 million

Fines and other10%

Interest, rents and other
10%$4.0 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$35.5 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$30.0 million
  • Scholarships and other education subsidies$3.2 million
  • College housing, dining and bookstores$2.3 million
Sources and moreWhere these numbers come from and what they cover

Illinois Valley Community College. 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 Illinois Valley Community College 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.