School district · Kane County, IL
School District U-46 (elgin Area)'s money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), School District U-46 (elgin Area) took in $777 million and spent $820 million.
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Where it comes from
What stands out
of School District U-46 (elgin Area)'s money comes from property tax.A typical school district with 25,000+ students gets 33%.
School district taxes46%
Fees for services0.6%
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
- Other school charges$4.1 million
- School tuition and transportation$655 thousand
- School lunches$251 thousand
Amounts are by Census type of charge.
State tax money49%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.1%
Money passed on by the county or other local governments.
Fines and other4.4%
Where it goes
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$792 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$14.2 million
Sources and moreWhere these numbers come from and what they cover
School District U-46 (elgin Area). 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 School District U-46 (elgin Area) 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.