School district · Will County, IL

Reed Custer Community Unit District 255 U's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Reed Custer Community Unit District 255 U took in $34.3 million and spent $32.2 million.

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

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Where it comes from

School district taxes85%State tax money9.4%Fines and other4.4%Fees for services (school lunches, school tuition and transportation)1.2%

What stands out

85%

of Reed Custer Community Unit District 255 U's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes85%

Property tax
85%$29.2 million

Fees for services1.2%

Fees for services
1.2%$428 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$272 thousand
  • Other school charges$153 thousand
  • School tuition and transportation$3 thousand

Amounts are by Census type of charge.

State tax money9.4%

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

From the state
9.4%$3.2 million

Fines and other4.4%

Interest, rents and other
4.4%$1.5 million

Where it goes

Schools and colleges90%Sent to other local governments8.0%Interest on debt1.8%

What stands out

8%

of Reed Custer Community Unit District 255 U's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
90%$29.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.0 million
Sent to other local governments
8.0%$2.6 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.6 million
Interest on debt
1.8%$577 thousand
Sources and moreWhere these numbers come from and what they cover

Reed Custer Community Unit District 255 U. 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 Reed Custer Community Unit District 255 U 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.