School district · DeKalb County, IL

Somonauk Community Unit School District 432's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Somonauk Community Unit School District 432 took in $14.4 million and spent $14.8 million.

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

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Where it comes from

School district taxes67%State tax money26%Fines and other4.3%Fees for services (school lunches, school tuition and transportation)3.0%County and local tax money0.5%

What stands out

67%

of Somonauk Community Unit School District 432's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes67%

Property tax
67%$9.6 million

Fees for services3.0%

Fees for services
3.0%$439 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$257 thousand
  • Other school charges$154 thousand
  • School tuition and transportation$28 thousand

Amounts are by Census type of charge.

State tax money26%

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

From the state
26%$3.7 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$68 thousand

Fines and other4.3%

Interest, rents and other
4.3%$614 thousand

Where it goes

Schools and colleges96%Sent to other local governments2.2%Interest on debt1.3%

Spending by category100%

Schools and colleges
96%$14.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.3 million
Sent to other local governments
2.2%$326 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$326 thousand
Interest on debt
1.3%$198 thousand
Sources and moreWhere these numbers come from and what they cover

Somonauk Community Unit School District 432. 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 Somonauk Community Unit School District 432 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.