School district · Champaign County, IL

Ludlow Community Consolidated School District 142's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Ludlow Community Consolidated School District 142 took in $1.7 million and spent $1.8 million.

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

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Where it comes from

State tax money54%School district taxes40%Fines and other3.6%County and local tax money3.3%

What stands out

40%

of Ludlow Community Consolidated School District 142's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes40%

Property tax

40%$691 thousand

State tax money54%

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

From the state

54%$934 thousand

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments

3.3%$57 thousand

Fines and other3.6%

Interest, rents and other

3.6%$63 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%Sent to other local governments0.2%

Spending by category100%

Schools and colleges

99%$1.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$1.8 million

Interest on debt

0.6%$11 thousand

Sent to other local governments

0.2%$4 thousand

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

Sent to school districts$4 thousand

Sources and moreWhere these numbers come from and what they cover

Ludlow Community Consolidated School District 142. 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 Ludlow Community Consolidated School District 142 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.