School district · Lake County, IL

Libertyville Elementary School District 70's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Libertyville Elementary School District 70 took in $47.0 million and spent $58.7 million.

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

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Where it comes from

School district taxes84%State tax money10%Fines and other2.4%Fees for services (school lunches, school tuition and transportation)2.4%County and local tax money0.6%

What stands out

84%

of Libertyville Elementary School District 70's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes84%

Property tax
84%$39.6 million

Fees for services2.4%

Fees for services
2.4%$1.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$516 thousand
  • School lunches$468 thousand
  • School tuition and transportation$127 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$4.8 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$267 thousand

Fines and other2.4%

Interest, rents and other
2.4%$1.1 million

Where it goes

Schools and colleges97%Sent to other local governments2.1%Interest on debt0.8%

Spending by category100%

Schools and colleges
97%$57.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$57.0 million
Sent to other local governments
2.1%$1.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.2 million
Interest on debt
0.8%$463 thousand
Sources and moreWhere these numbers come from and what they cover

Libertyville Elementary School District 70. 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 Libertyville Elementary School District 70 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.