School district · Lake County, IL

Mundelein Consolidated High School District 120's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mundelein Consolidated High School District 120 took in $55.6 million and spent $63.4 million.

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

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Where it comes from

School district taxes72%State tax money16%Fines and other8.0%County and local tax money2.6%Fees for services (school tuition and transportation, school lunches)1.3%Federal tax money<0.1%

What stands out

72%

of Mundelein Consolidated High School District 120's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes72%

Property tax
72%$40.0 million

Fees for services1.3%

Fees for services
1.3%$739 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$661 thousand
  • School tuition and transportation$59 thousand
  • School lunches$19 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$54 thousand

State tax money16%

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

From the state
16%$8.9 million

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments
2.6%$1.4 million

Fines and other8.0%

Interest, rents and other
8.0%$4.4 million

Where it goes

Schools and colleges91%Interest on debt4.5%Sent to other local governments4.1%

What stands out

4.5%

of Mundelein Consolidated High School District 120's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
91%$57.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$57.9 million
Interest on debt
4.5%$2.8 million
Sent to other local governments
4.1%$2.6 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.6 million
Sources and moreWhere these numbers come from and what they cover

Mundelein Consolidated High School District 120. 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 Mundelein Consolidated High School District 120 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.