School district · Vermilion County, IL

Oakwood Community District 76's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Oakwood Community District 76 took in $13.6 million and spent $15.8 million.

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

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Where it comes from

State tax money56%School district taxes38%Fines and other4.9%Fees for services (school lunches)1.5%

What stands out

38%

of Oakwood Community District 76's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes38%

Property tax
38%$5.1 million

Fees for services1.5%

Fees for services
1.5%$201 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$128 thousand
  • Other school charges$73 thousand

Amounts are by Census type of charge.

State tax money56%

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

From the state
56%$7.6 million

Fines and other4.9%

Interest, rents and other
4.9%$665 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.2%Interest on debt1.0%

Spending by category100%

Schools and colleges
95%$15.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.0 million
Sent to other local governments
4.2%$664 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$664 thousand
Interest on debt
1.0%$165 thousand
Sources and moreWhere these numbers come from and what they cover

Oakwood Community District 76. 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 Oakwood Community District 76 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.