School district · Peoria County, IL

Monroe School District 70's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Monroe School District 70 took in $4.4 million and spent $4.5 million.

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

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Where it comes from

State tax money48%School district taxes41%Fees for services (school lunches, school tuition and transportation)5.9%Fines and other2.8%County and local tax money2.6%

What stands out

41%

of Monroe School District 70's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes41%

Property tax
41%$1.8 million

Fees for services5.9%

Fees for services
5.9%$258 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$164 thousand
  • School lunches$52 thousand
  • School tuition and transportation$42 thousand

Amounts are by Census type of charge.

State tax money48%

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

From the state
48%$2.1 million

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments
2.6%$114 thousand

Fines and other2.8%

Interest, rents and other
2.8%$122 thousand

Where it goes

Schools and colleges91%Sent to other local governments8.5%Interest on debt0.4%

What stands out

8.5%

of Monroe School District 70'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
91%$4.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.1 million
Sent to other local governments
8.5%$381 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$381 thousand
Interest on debt
0.4%$19 thousand
Sources and moreWhere these numbers come from and what they cover

Monroe School District 70. 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 Monroe School District 70 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.