School district · Will County, IL

Elwood Community School District 203's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Elwood Community School District 203 took in $11.1 million and spent $8.2 million.

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

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Where it comes from

School district taxes47%County and local tax money32%State tax money9.2%Federal tax money7.5%Fines and other3.0%Fees for services (school lunches, school tuition and transportation)1.0%

What stands out

32%

of Elwood Community School District 203's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes47%

Property tax
47%$5.2 million

Fees for services1.0%

Fees for services
1.0%$115 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$46 thousand
  • School tuition and transportation$45 thousand
  • Other school charges$24 thousand

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$830 thousand

State tax money9.2%

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

From the state
9.2%$1.0 million

County and local tax money32%

Money passed on by the county or other local governments.

From the county and other local governments
32%$3.6 million

Fines and other3.0%

Interest, rents and other
3.0%$329 thousand

Where it goes

Schools and colleges90%Sent to other local governments9.5%

What stands out

10%

of Elwood Community School District 203'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
90%$7.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.4 million
Sent to other local governments
9.5%$782 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$782 thousand
Sources and moreWhere these numbers come from and what they cover

Elwood Community School District 203. 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 Elwood Community School District 203 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.