School district · Lake County, IL

Lake Villa Community Consolidated School District 41's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake Villa Community Consolidated School District 41 took in $43.1 million and spent $46.7 million.

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

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Where it comes from

School district taxes57%State tax money38%Fines and other2.6%Fees for services (school lunches, school tuition and transportation)2.2%County and local tax money<0.1%

What stands out

57%

of Lake Villa Community Consolidated School District 41's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes57%

Property tax
57%$24.6 million

Fees for services2.2%

Fees for services
2.2%$966 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$616 thousand
  • School lunches$300 thousand
  • School tuition and transportation$50 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$16.4 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$28 thousand

Fines and other2.6%

Interest, rents and other
2.6%$1.1 million

Where it goes

Schools and colleges91%Sent to other local governments7.1%Interest on debt1.5%

What stands out

7.1%

of Lake Villa Community Consolidated School District 41'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
91%$42.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$42.7 million
Sent to other local governments
7.1%$3.3 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$3.3 million
Interest on debt
1.5%$692 thousand
Sources and moreWhere these numbers come from and what they cover

Lake Villa Community Consolidated School District 41. 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 Lake Villa Community Consolidated School District 41 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.