IllinoisSchoolsWallace Elem School

Wallace Elem School

PublicRegular
Ottawa, Illinois · Wallace CCSD 195
Students400enrolled
FRL27%Free/Reduced Lunch
Ratio13.8:1students:teacher
LevelPrimaryRegular
SCHOOL SNAPSHOT
Students400
Grade Span
Student:Teacher13.8:1
Free/Reduced Lunch27%
Title INo
SectorPublic

Finance

School finance is reported at the district (LEA) level. The figures below cover the full Wallace CCSD 195.

Per-pupil spending (2022)
$15,718
Total district expenditure
$6,476,000
Total district revenue
$7,244,000
District enrollment
412

Revenue sources

Federal$478,000(6.6%)
State$2,062,000(28.5%)
Local$4,704,000(64.9%)

Spending breakdown

Instruction (teacher salaries, classroom materials)$3,661,000
Support services (admin, transport, building ops)$2,197,000

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.