IllinoisSchoolsCornell Elem School

Cornell Elem School

PublicRegular
Cornell, Illinois · Cornell CCSD 426
Students112enrolled
FRL30%Free/Reduced Lunch
Ratio8.6:1students:teacher
LevelPrimary0–8
SCHOOL SNAPSHOT
Students112
Grade Span0–8
Student:Teacher8.6:1
Free/Reduced Lunch30%
Title INo
SectorPublic

Finance

School finance is reported at the district (LEA) level. The figures below cover the full Cornell CCSD 426.

Per-pupil spending (2022)
$19,772
Total district expenditure
$1,997,000
Total district revenue
$2,279,000
District enrollment
101

Revenue sources

Federal$586,000(25.7%)
State$464,000(20.4%)
Local$1,229,000(53.9%)

Spending breakdown

Instruction (teacher salaries, classroom materials)$986,000
Support services (admin, transport, building ops)$780,000

Source: NCES F-33 School District Finance Survey, FY 2022. Figures cover the entire district; individual school-level spending is not published.

US public school funding 101

  • Local revenue (property taxes) is typically the largest source in most states, though this varies widely.
  • State revenue equalization formulas aim to reduce disparities between wealthy and poor districts.
  • Federal revenue is usually 6-10% of budget — Title I (poverty), IDEA (special education), ESSER (COVID relief).
  • Per-pupil spending varies from under $10,000 to over $30,000 across states; California averages around $15,000, New York around $28,000.