School district · Coles County, IL

Oakland Community Unit School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Oakland Community Unit School District 5 took in $4.4 million and spent $4.8 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes51%State tax money40%County and local tax money6.1%Fees for services (school lunches)1.7%Fines and other0.8%

What stands out

51%

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

School district taxes51%

Property tax
51%$2.3 million

Fees for services1.7%

Fees for services
1.7%$75 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$74 thousand
  • School lunches$1 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state
40%$1.8 million

County and local tax money6.1%

Money passed on by the county or other local governments.

From the county and other local governments
6.1%$266 thousand

Fines and other0.8%

Interest, rents and other
0.8%$37 thousand

Where it goes

Schools and colleges96%Sent to other local governments2.5%Interest on debt1.3%

Spending by category100%

Schools and colleges
96%$4.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.6 million
Sent to other local governments
2.5%$119 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$119 thousand
Interest on debt
1.3%$63 thousand
Sources and moreWhere these numbers come from and what they cover

Oakland Community Unit School 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 Oakland Community Unit School 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.