School district · Jefferson County, IL

Mt. Vernon School District 80's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mt. Vernon School District 80 took in $32.1 million and spent $31.9 million.

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

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Where it comes from

State tax money64%School district taxes25%Federal tax money6.6%Fines and other3.6%Fees for services (school lunches)0.4%County and local tax money0.4%

What stands out

6.6%

of Mt. Vernon School District 80's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes25%

Property tax

25%$7.9 million

Fees for services0.4%

Fees for services

0.4%$125 thousand

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

School lunches$113 thousand
Other school charges$12 thousand

Amounts are by Census type of charge.

Federal tax money6.6%

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

From the federal government

6.6%$2.1 million

State tax money64%

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

From the state

64%$20.6 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments

0.4%$123 thousand

Fines and other3.6%

Interest, rents and other

3.6%$1.2 million

Where it goes

Schools and colleges96%Sent to other local governments2.8%Interest on debt0.7%

Spending by category100%

Schools and colleges

96%$30.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$30.8 million

Sent to other local governments

2.8%$894 thousand

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

Sent to school districts$894 thousand

Interest on debt

0.7%$229 thousand

Sources and moreWhere these numbers come from and what they cover

Mt. Vernon School District 80. 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 Mt. Vernon School District 80 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.