School district · Ogle County, IL

Meridian Community Unit School District 223's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Meridian Community Unit School District 223 took in $27.0 million and spent $30.1 million.

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

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Where it comes from

School district taxes49%State tax money43%Fines and other4.1%Fees for services (school lunches)2.4%Federal tax money1.8%

What stands out

49%

of Meridian Community Unit School District 223's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes49%

Property tax
49%$13.2 million

Fees for services2.4%

Fees for services
2.4%$642 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$334 thousand
  • Other school charges$308 thousand

Amounts are by Census type of charge.

Federal tax money1.8%

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

From the federal government
1.8%$500 thousand

State tax money43%

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

From the state
43%$11.6 million

Fines and other4.1%

Interest, rents and other
4.1%$1.1 million

Where it goes

Schools and colleges93%Sent to other local governments5.7%Interest on debt1.1%

What stands out

5.7%

of Meridian Community Unit School District 223's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
93%$28.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$28.0 million
Sent to other local governments
5.7%$1.7 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.7 million
Interest on debt
1.1%$320 thousand
Sources and moreWhere these numbers come from and what they cover

Meridian Community Unit School District 223. 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 Meridian Community Unit School District 223 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.