School district · Cook County, IL

Matteson School District 162's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Matteson School District 162 took in $60.8 million and spent $61.6 million.

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

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Where it comes from

State tax money54%School district taxes40%Fees for services2.6%Fines and other2.4%County and local tax money1.6%

What stands out

40%

of Matteson School District 162's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes40%

Property tax
40%$24.2 million

Fees for services2.6%

Fees for services
2.6%$1.6 million
What's in fees for servicesOther school charges
  • Other school charges$1.6 million

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$32.6 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%$985 thousand

Fines and other2.4%

Interest, rents and other
2.4%$1.5 million

Where it goes

Schools and colleges95%Interest on debt2.7%Sent to other local governments1.9%

Spending by category100%

Schools and colleges
95%$58.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$58.8 million
Interest on debt
2.7%$1.6 million
Sent to other local governments
1.9%$1.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.2 million
Sources and moreWhere these numbers come from and what they cover

Matteson School District 162. 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 Matteson School District 162 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.