School district · Tazewell County, IL

Pekin Public School District 108's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Pekin Public School District 108 took in $55.7 million and spent $64.4 million.

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

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Where it comes from

State tax money63%School district taxes32%Fines and other4.2%Fees for services (school lunches)0.6%County and local tax money0.6%

What stands out

32%

of Pekin Public School District 108's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes32%

Property tax
32%$17.8 million

Fees for services0.6%

Fees for services
0.6%$355 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$328 thousand
  • School lunches$27 thousand

Amounts are by Census type of charge.

State tax money63%

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

From the state
63%$34.9 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$322 thousand

Fines and other4.2%

Interest, rents and other
4.2%$2.3 million

Where it goes

Schools and colleges98%Sent to other local governments1.8%Interest on debt0.3%

Spending by category100%

Schools and colleges
98%$63.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$63.1 million
Sent to other local governments
1.8%$1.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.2 million
Interest on debt
0.3%$183 thousand
Sources and moreWhere these numbers come from and what they cover

Pekin Public School District 108. 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 Pekin Public School District 108 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.