School district · Lake County, IL

North Chicago Unit School District 187's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), North Chicago Unit School District 187 took in $93.4 million and spent $98.5 million.

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

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Where it comes from

State tax money71%School district taxes17%Federal tax money8.2%Fines and other3.0%Fees for services (school lunches)<0.1%

What stands out

8.2%

of North Chicago Unit School District 187's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes17%

Property tax

17%$16.3 million

Fees for services<0.1%

Fees for services

<0.1%$85 thousand

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

School lunches$51 thousand
Other school charges$34 thousand

Amounts are by Census type of charge.

Federal tax money8.2%

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

From the federal government

8.2%$7.7 million

State tax money71%

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

From the state

71%$66.6 million

Fines and other3.0%

Interest, rents and other

3.0%$2.8 million

Where it goes

Schools and colleges95%Sent to other local governments3.4%Interest on debt1.2%

Spending by category100%

Schools and colleges

95%$94.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$94.0 million

Sent to other local governments

3.4%$3.3 million

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

Sent to school districts$3.3 million

Interest on debt

1.2%$1.2 million

Sources and moreWhere these numbers come from and what they cover

North Chicago Unit School District 187. 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 North Chicago Unit School District 187 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.