School district · Lake County, IL

Big Hollow School District 38's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Big Hollow School District 38 took in $29.2 million and spent $34.4 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

School district taxes54%State tax money40%Fees for services (school lunches, school tuition and transportation)3.0%Fines and other2.4%County and local tax money<0.1%

What stands out

54%

of Big Hollow School District 38's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes54%

Property tax

54%$15.8 million

Fees for services3.0%

Fees for services

3.0%$864 thousand

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$390 thousand
Other school charges$339 thousand
School tuition and transportation$135 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state

40%$11.8 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$22 thousand

Fines and other2.4%

Interest, rents and other

2.4%$690 thousand

Where it goes

Schools and colleges87%Interest on debt11%Sent to other local governments1.5%

What stands out

11%

of Big Hollow School District 38's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges

87%$30.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$30.0 million

Interest on debt

11%$3.9 million

Sent to other local governments

1.5%$504 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$504 thousand

Sources and moreWhere these numbers come from and what they cover

Big Hollow School District 38. 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 Big Hollow School District 38 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.