School district · Cook County, IL
Mt. Prospect School District 57's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Mt. Prospect School District 57 took in $37.7 million and spent $43.7 million.
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Where it comes from
What stands out
of Mt. Prospect School District 57's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.
School district taxes80%
Fees for services4.0%
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
- Other school charges$1.2 million
- School tuition and transportation$331 thousand
- School lunches$34 thousand
Amounts are by Census type of charge.
State tax money12%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.6%
Money passed on by the county or other local governments.
Fines and other2.6%
Where it goes
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$42.6 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$883 thousand
Sources and moreWhere these numbers come from and what they cover
Mt. Prospect School District 57. 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 Mt. Prospect School District 57 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.