School district · Vermilion County, IL

Salt Fork Community Unit School District 512's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Salt Fork Community Unit School District 512 took in $12.2 million and spent $19.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

School district taxes57%State tax money38%Fines and other3.8%Fees for services (school lunches)1.3%

What stands out

57%

of Salt Fork Community Unit School District 512's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes57%

Property tax

57%$6.9 million

Fees for services1.3%

Fees for services

1.3%$158 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$118 thousand
Other school charges$40 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state

38%$4.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$2 thousand

Fines and other3.8%

Interest, rents and other

3.8%$465 thousand

Where it goes

Schools and colleges94%Sent to other local governments4.2%Interest on debt1.4%

Spending by category100%

Schools and colleges

94%$18.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$18.7 million

Sent to other local governments

4.2%$831 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$831 thousand

Interest on debt

1.4%$278 thousand

Sources and moreWhere these numbers come from and what they cover

Salt Fork Community Unit School District 512. 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 Salt Fork Community Unit School District 512 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.