School district · Cook County, IL

Calumet City School District 155's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Calumet City School District 155 took in $24.9 million and spent $23.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money67%School district taxes29%Fines and other2.8%Fees for services (school lunches)1.1%

What stands out

67%

of Calumet City School District 155's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes29%

Property tax
29%$7.3 million

Fees for services1.1%

Fees for services
1.1%$276 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$275 thousand
  • School lunches$1 thousand

Amounts are by Census type of charge.

State tax money67%

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

From the state
67%$16.7 million

Fines and other2.8%

Interest, rents and other
2.8%$694 thousand

Where it goes

Schools and colleges91%Interest on debt5.5%Sent to other local governments4.0%

What stands out

5.5%

of Calumet City School District 155'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
91%$21.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$21.1 million
Interest on debt
5.5%$1.3 million
Sent to other local governments
4.0%$921 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$921 thousand
Sources and moreWhere these numbers come from and what they cover

Calumet City School District 155. 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 Calumet City School District 155 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.