School district · Cook County, IL

City of Chicago School District 299's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), City of Chicago School District 299 took in $8.77 billion and spent $9.35 billion.

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

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Where it comes from

State tax money48%School district taxes43%Fines and other5.3%County and local tax money2.6%Fees for services (school lunches, school tuition and transportation)0.8%Federal tax money0.5%

What stands out

43%

of City of Chicago School District 299's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes43%

Property tax
43%$3.73 billion

Fees for services0.8%

Fees for services
0.8%$72.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$70.8 million
  • School lunches$1.3 million
  • School tuition and transportation$154 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$43.8 million

State tax money48%

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

From the state
48%$4.23 billion

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments
2.6%$226 million

Fines and other5.3%

Interest, rents and other
5.3%$468 million

Where it goes

Schools and colleges93%Interest on debt6.1%Sent to other local governments1.1%

What stands out

6.1%

of City of Chicago School District 299's spending goes to interest on debt.A typical school district with 25,000+ students spends 2.2%.

Spending by category100%

Schools and colleges
93%$8.67 billion
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.67 billion
Interest on debt
6.1%$572 million
Sent to other local governments
1.1%$103 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$103 million
Sources and moreWhere these numbers come from and what they cover

City of Chicago School District 299. 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 of Chicago School District 299 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.