School district · Jefferson County, IL

Rend Lake College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Rend Lake College took in $57.6 million and spent $38.8 million.

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

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Where it comes from

County and local tax money30%State tax money26%School district taxes14%Federal tax money11%Fines and other10%Fees for services (college tuition, university housing and dining)8.4%

What stands out

30%

of Rend Lake College's money comes from county and other local tax money.Most community and technical college districts get none.

School district taxes14%

Property tax
14%$8.0 million

Fees for services8.4%

Fees for services
8.4%$4.8 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$3.9 million
  • University housing and dining$883 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$6.6 million

State tax money26%

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

From the state
26%$15.0 million

County and local tax money30%

Money passed on by the county or other local governments.

From the county and other local governments
30%$17.1 million

Fines and other10%

Interest, rents and other
10%$6.0 million

Where it goes

Schools and colleges98%Interest on debt1.9%

Spending by category100%

Schools and colleges
98%$38.1 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$29.5 million
  • Scholarships and other education subsidies$4.8 million
  • College housing, dining and bookstores$3.8 million
Interest on debt
1.9%$753 thousand
Sources and moreWhere these numbers come from and what they cover

Rend Lake College. 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 Rend Lake College 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.