School district · Cook County, IL

City Colleges of Chicago's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), City Colleges of Chicago took in $456 million and spent $498 million.

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

See every government that serves your ZIP

Where it comes from

State tax money47%School district taxes35%Fees for services (college tuition, university housing and dining)9.4%Federal tax money3.8%Fines and other3.3%County and local tax money2.0%

What stands out

35%

of City Colleges of Chicago's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes35%

Property tax
35%$159 million

Fees for services9.4%

Fees for services
9.4%$42.9 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$31.1 million
  • University housing and dining$11.7 million

Amounts are by Census type of charge.

Federal tax money3.8%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
3.8%$17.2 million

State tax money47%

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

From the state
47%$212 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$9.3 million

Fines and other3.3%

Interest, rents and other
3.3%$15.2 million

Where it goes

Schools and colleges97%Interest on debt2.6%

Spending by category100%

Schools and colleges
97%$485 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$430 million
  • Scholarships and other education subsidies$39.2 million
  • College housing, dining and bookstores$15.3 million
Interest on debt
2.6%$12.9 million
Sources and moreWhere these numbers come from and what they cover

City Colleges of Chicago. 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 City Colleges of Chicago 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.