School district · Cook County, IL

Flossmoor School District 161's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Flossmoor School District 161 took in $46.1 million and spent $50.8 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money49%School district taxes48%Fines and other2.9%Fees for services (school lunches)0.6%County and local tax money0.1%

What stands out

48%

of Flossmoor School District 161's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes48%

Property tax

48%$22.0 million

Fees for services0.6%

Fees for services

0.6%$255 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$228 thousand
Other school charges$27 thousand

Amounts are by Census type of charge.

State tax money49%

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

From the state

49%$22.4 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments

0.1%$57 thousand

Fines and other2.9%

Interest, rents and other

2.9%$1.4 million

Where it goes

Schools and colleges96%Sent to other local governments2.9%Interest on debt0.7%

Spending by category100%

Schools and colleges

96%$49.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$49.0 million

Sent to other local governments

2.9%$1.5 million

What's in sent to other local governmentsSent to school districts

Sent to school districts$1.5 million

Interest on debt

0.7%$364 thousand

Sources and moreWhere these numbers come from and what they cover

Flossmoor School District 161. 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 Flossmoor School District 161 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.