School district · Will County, IL

Chaney-Monge School District 88's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Chaney-Monge School District 88 took in $9.4 million and spent $11.2 million.

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

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Where it comes from

State tax money68%School district taxes29%Fines and other3.1%Fees for services0.2%

What stands out

68%

of Chaney-Monge School District 88'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%$2.7 million

Fees for services0.2%

Fees for services
0.2%$20 thousand
What's in fees for servicesOther school charges
  • Other school charges$20 thousand

Amounts are by Census type of charge.

State tax money68%

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

From the state
68%$6.4 million

Fines and other3.1%

Interest, rents and other
3.1%$287 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.5%Interest on debt1.0%

What stands out

4.5%

of Chaney-Monge School District 88'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
95%$10.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.6 million
Sent to other local governments
4.5%$507 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$507 thousand
Interest on debt
1.0%$110 thousand
Sources and moreWhere these numbers come from and what they cover

Chaney-Monge School District 88. 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 Chaney-Monge School District 88 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.