School district · Will County, IL

Joliet School District 86's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Joliet School District 86 took in $213 million and spent $231 million.

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

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Where it comes from

State tax money72%School district taxes22%Fines and other4.6%County and local tax money0.5%Fees for services (school tuition and transportation, school lunches)0.2%

What stands out

72%

of Joliet School District 86's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes22%

Property tax
22%$47.7 million

Fees for services0.2%

Fees for services
0.2%$350 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$286 thousand
  • School tuition and transportation$39 thousand
  • School lunches$25 thousand

Amounts are by Census type of charge.

State tax money72%

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

From the state
72%$154 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$1.0 million

Fines and other4.6%

Interest, rents and other
4.6%$9.7 million

Where it goes

Schools and colleges99%Interest on debt0.5%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
99%$229 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$229 million
Interest on debt
0.5%$1.1 million
Sent to other local governments
0.2%$479 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$479 thousand
Sources and moreWhere these numbers come from and what they cover

Joliet School District 86. 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 Joliet School District 86 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.