School district · Lake County, IL

Diamond Lake School District 76's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Diamond Lake School District 76 took in $22.6 million and spent $23.4 million.

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

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Where it comes from

School district taxes71%State tax money24%Fines and other5.0%Fees for services0.3%

What stands out

71%

of Diamond Lake School District 76's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes71%

Property tax
71%$16.0 million

Fees for services0.3%

Fees for services
0.3%$57 thousand
What's in fees for servicesOther school charges
  • Other school charges$57 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$5.5 million

Fines and other5.0%

Interest, rents and other
5.0%$1.1 million

Where it goes

Schools and colleges96%Sent to other local governments2.4%Interest on debt1.7%

Spending by category100%

Schools and colleges
96%$22.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22.5 million
Sent to other local governments
2.4%$558 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$558 thousand
Interest on debt
1.7%$395 thousand
Sources and moreWhere these numbers come from and what they cover

Diamond Lake School District 76. 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 Diamond Lake School District 76 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.