School district · Will County, IL

New Lenox Elementary School District 122's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), New Lenox Elementary School District 122 took in $83.7 million and spent $86.3 million.

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

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Where it comes from

School district taxes80%State tax money14%Fines and other3.5%Fees for services (school lunches, school tuition and transportation)1.8%County and local tax money0.5%

What stands out

80%

of New Lenox Elementary School District 122's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes80%

Property tax
80%$67.3 million

Fees for services1.8%

Fees for services
1.8%$1.5 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.1 million
  • School lunches$358 thousand
  • School tuition and transportation$25 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%$21 thousand

State tax money14%

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

From the state
14%$11.5 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$405 thousand

Fines and other3.5%

Interest, rents and other
3.5%$3.0 million

Where it goes

Schools and colleges96%Interest on debt4.1%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
96%$82.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$82.6 million
Interest on debt
4.1%$3.5 million
Sent to other local governments
0.2%$158 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$158 thousand
Sources and moreWhere these numbers come from and what they cover

New Lenox Elementary School District 122. 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 New Lenox Elementary School District 122 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.