School district · Adams County, IL

Quincy School District 172's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Quincy School District 172 took in $96.4 million and spent $108 million.

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

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Where it comes from

State tax money48%School district taxes44%Fines and other3.8%Fees for services (school lunches, school tuition and transportation)2.6%Federal tax money2.1%County and local tax money0.4%

What stands out

44%

of Quincy School District 172's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes44%

Property tax
44%$42.1 million

Fees for services2.6%

Fees for services
2.6%$2.5 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.3 million
  • Other school charges$760 thousand
  • School tuition and transportation$453 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$2.0 million

State tax money48%

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

From the state
48%$45.9 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%$397 thousand

Fines and other3.8%

Interest, rents and other
3.8%$3.6 million

Where it goes

Schools and colleges96%Interest on debt3.2%Sent to other local governments0.6%

Spending by category100%

Schools and colleges
96%$104 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$104 million
Interest on debt
3.2%$3.4 million
Sent to other local governments
0.6%$595 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$595 thousand
Sources and moreWhere these numbers come from and what they cover

Quincy School District 172. 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 Quincy School District 172 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.