School district · Will County, IL

Manhattan School District 114's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Manhattan School District 114 took in $33.2 million and spent $70.3 million.

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

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Where it comes from

School district taxes54%State tax money29%Fines and other16%Fees for services (school lunches)1.4%County and local tax money0.1%

What stands out

16%

of Manhattan School District 114's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes54%

Property tax
54%$17.8 million

Fees for services1.4%

Fees for services
1.4%$455 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$312 thousand
  • School lunches$143 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$9.5 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$49 thousand

Fines and other16%

Interest, rents and other
16%$5.4 million

Where it goes

Schools and colleges88%Interest on debt8.5%Sent to other local governments3.9%

What stands out

8.5%

of Manhattan School District 114's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
88%$61.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$61.6 million
Interest on debt
8.5%$6.0 million
Sent to other local governments
3.9%$2.8 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.8 million
Sources and moreWhere these numbers come from and what they cover

Manhattan School District 114. 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 Manhattan School District 114 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.