The Saunemin Community Consolidated School District #438 Finance Department is responsible for all financial activities of the District and provides direct supervion or oversight of contractual services, accounts receivable, accounts payable, budgeting, payroll, and contract negotiations.
State of Illinois Evidence Based Funding
Governor Bruce Rauner signed into law Public Act 100-0465 or the Evidence-Based Funding for Student Success Act on August 31, 2017. This law enacts evidence-based funding (EBF) and comprehensively changes the way that school districts receive the bulk of state funds. EBF sends more resources to Illinois’ most under-resourced students. EBF takes the necessary first steps toward ensuring all schools have the resources they need to provide a safe, rigorous, and well-rounded learning environment for all students. EBF demonstrates new mindsets for understanding the relationship between equity, adequacy, and student outcomes.
Based on the EBF model of funding, Saunemin Community Consolidated School District #438 is a Tier I designated school. Therefore, the District is scheduled to receive addtional funding from the State of Illinois in order to meet the adequacy target.
Saunemin Community Consolidated School District #438 Finances - Average Per Pupil Spending
These graphs show the average spending per pupil in this district. Detailed financial information is not available at the school level.
Instructional Spending Per Pupil includes only the activities directly dealing with the teaching of students or the interaction between teachers and students.
Operating Spending Per Pupil includes all costs for overall operations in this school’s district, including Instructional Spending, but excluding summer school, adult education, capital expenditures, and long-term debt payments.
Instructional Spending Per Pupil includes only those costs that are directly used for teaching students and facilitating interaction between teachers and students.
Operational Spending Per Pupil includes all costs associated with a district's operating costs over the regular school year, such as transportation, building maintenance, salaries, etc.
The amount of money a district spends on each student is often greatly dependent upon the local tax base. Therefore, it is important to understand how this money is allocated to various school supports, such as transportation, teaching staff, student resources, school personnel resources, and other functions.
Saunemin Community Consolidated School District #438 Finances - Revenue
These charts show the percentage of revenues, for this district, from the three primary funding sources - local, state, and federal (above) as well as the average revenue sources for all Illinois districts (below). Click View Details to see the percentages for the top five sources of district revenues. This display shows you the importance of local property taxes as compared to other local, state, and federal funding.
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 general state aid 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 looking at the 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.
Saunemin Community Consolidated School District #438 - Expenditures
Districts pay for four general functions – instruction, general administration, support services, and others. The upper pie chart shows the percentages of each type of expenditure during the past year. The lower chart displays the average percentages of expenditures by all public school districts in Illinois.
A typical school district spends about two-thirds of its budget on compensation for employees, about one-fourth on maintaining safe and comfortable buildings, and the remainder for equipment and supplies. School budgets address the functions shown in the first chart, which cover everything from paying teachers, to heating buildings, data processing, risk management, food service, transportation, bond payments, and many other activities.
Local school boards determine their budgets in an annual process prescribed by state law. Budget-making includes public hearings, posting of proposed budgets, and discussion by the school board. Illinois state law also establishes eight school district funds for the allocation of spending and a rigorous schedule for reporting of school budgets and actual expenditures.
Five and ten-year trends allow you to track changes in expenditures over time. Variations from year to year may reflect local activities such as building a new school, which would be reflected in a higher percentage of expenditures from the Site and Construction Fund. Other changes may result from increases or decreases in state and federal funding and program mandates, as determined by the Illinois General Assembly at the state level and the U.S. Congress at the federal level.