School district · McHenry County, IL

Marengo Community High School District 154's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Marengo Community High School District 154 took in $14.1 million and spent $19.1 million.

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

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Where it comes from

School district taxes62%State tax money30%Fines and other3.7%Fees for services (school lunches)2.9%County and local tax money1.6%

What stands out

62%

of Marengo Community High School District 154's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes62%

Property tax

62%$8.8 million

Fees for services2.9%

Fees for services

2.9%$410 thousand

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

School lunches$216 thousand
Other school charges$194 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state

30%$4.2 million

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments

1.6%$228 thousand

Fines and other3.7%

Interest, rents and other

3.7%$524 thousand

Where it goes

Schools and colleges98%Sent to other local governments2.3%

Spending by category100%

Schools and colleges

98%$18.6 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$18.6 million

Sent to other local governments

2.3%$444 thousand

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

Sent to school districts$444 thousand

Sources and moreWhere these numbers come from and what they cover

Marengo Community High School District 154. 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 Marengo Community High School District 154 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.