HAVANA CUSD 126

These figures are based on the district’s audited Annual Financial Report.

School districts in Illinois receive funds from three major sources – local, state, and federal. The percentage from each of these sources varies depending on many factors such as property values in the district, and state and federal programs. Local funds, the largest source in most districts, come primarily from property taxes. State funds, which are appropriated each year by the Illinois General Assembly, include evidence-based funding and funding by formulas for specific needs such as special education, transportation, and facility construction or renovation. Federal funds help to support low-income students, special education, nutrition programs, and pre-school among other needs.

By clicking on the 5 Year and 10 Year trends, you will be able to see how the percentages from each of the funding sources have varied over time. These variations can be caused by changes in the contributions at any of the three levels or by increasing or reducing programs in the schools.

• Evidence-Based Funding

• Fact Sheet: Illinois Ranks Last in State Contribution to P-12 funding

• Ten Facts about K-12 Education Funding

• Federal, State, and Local K-12 School Finance Overview (Federal Education Budget Project)

• A web tool for customized comparisons of Illinois school districts’ finances