School district · Cook County, IL

Calumet School District 132's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Calumet School District 132 took in $25.4 million and spent $26.7 million.

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

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Where it comes from

State tax money78%School district taxes17%Fines and other5.1%

What stands out

78%

of Calumet School District 132's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes17%

Property tax
17%$4.3 million

Fees for services<0.1%

Fees for services
<0.1%$11 thousand
What's in fees for servicesSchool tuition and transportation
  • School tuition and transportation$11 thousand

Amounts are by Census type of charge.

State tax money78%

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

From the state
78%$19.8 million

Fines and other5.1%

Interest, rents and other
5.1%$1.3 million

Where it goes

Schools and colleges94%Sent to other local governments6.1%Interest on debt0.2%

What stands out

6.1%

of Calumet School District 132's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
94%$25.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.0 million
Sent to other local governments
6.1%$1.6 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.6 million
Interest on debt
0.2%$55 thousand
Sources and moreWhere these numbers come from and what they cover

Calumet School District 132. 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 School District 132 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.