School district · Cook County, IL

Elmwood Park Community Unit School District 401's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Elmwood Park Community Unit School District 401 took in $64.9 million and spent $71.8 million.

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

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Where it comes from

School district taxes54%State tax money41%Fines and other3.7%Fees for services (school lunches, school tuition and transportation)1.5%

What stands out

54%

of Elmwood Park Community Unit School District 401's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes54%

Property tax
54%$34.8 million

Fees for services1.5%

Fees for services
1.5%$969 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$664 thousand
  • School lunches$293 thousand
  • School tuition and transportation$12 thousand

Amounts are by Census type of charge.

State tax money41%

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

From the state
41%$26.8 million

Fines and other3.7%

Interest, rents and other
3.7%$2.4 million

Where it goes

Schools and colleges93%Interest on debt4.0%Sent to other local governments2.6%

What stands out

4%

of Elmwood Park Community Unit School District 401's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
93%$67.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$67.0 million
Interest on debt
4.0%$2.9 million
Sent to other local governments
2.6%$1.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.9 million
Sources and moreWhere these numbers come from and what they cover

Elmwood Park Community Unit School District 401. 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 Elmwood Park Community Unit School District 401 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.