School district · Cook County, IL

Oak Lawn-Hometown School District 123's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Oak Lawn-Hometown School District 123 took in $67.1 million and spent $74.0 million.

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

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Where it comes from

School district taxes62%State tax money35%Fines and other1.6%Fees for services (school lunches, school tuition and transportation)1.6%

What stands out

62%

of Oak Lawn-Hometown School District 123's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes62%

Property tax
62%$41.6 million

Fees for services1.6%

Fees for services
1.6%$1.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$575 thousand
  • School lunches$285 thousand
  • School tuition and transportation$202 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$23.4 million

Fines and other1.6%

Interest, rents and other
1.6%$1.1 million

Where it goes

Schools and colleges96%Sent to other local governments3.7%Interest on debt0.7%

Spending by category100%

Schools and colleges
96%$70.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$70.8 million
Sent to other local governments
3.7%$2.7 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.7 million
Interest on debt
0.7%$504 thousand
Sources and moreWhere these numbers come from and what they cover

Oak Lawn-Hometown School District 123. 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 Oak Lawn-Hometown School District 123 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.