School district · McLean County, IL

McLean County Unit District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), McLean County Unit District 5 took in $207 million and spent $225 million.

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

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Where it comes from

School district taxes68%State tax money27%Fees for services (school lunches, school tuition and transportation)2.6%Fines and other2.1%County and local tax money0.2%

What stands out

68%

of McLean County Unit District 5's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes68%

Property tax

68%$141 million

Fees for services2.6%

Fees for services

2.6%$5.3 million

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$2.9 million
Other school charges$2.4 million
School tuition and transportation$3 thousand

Amounts are by Census type of charge.

State tax money27%

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

From the state

27%$56.2 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments

0.2%$422 thousand

Fines and other2.1%

Interest, rents and other

2.1%$4.3 million

Where it goes

Schools and colleges98%Interest on debt1.2%Sent to other local governments0.4%

Spending by category100%

Schools and colleges

98%$222 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$222 million

Interest on debt

1.2%$2.7 million

Sent to other local governments

0.4%$855 thousand

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

Sent to school districts$855 thousand

Sources and moreWhere these numbers come from and what they cover

McLean County Unit District 5. 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 McLean County Unit District 5 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.