School district · Cook County, IL

Palatine Community Consolidated School District 15's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Palatine Community Consolidated School District 15 took in $223 million and spent $320 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes73%State tax money21%Fines and other4.3%Fees for services (school lunches, school tuition and transportation)1.1%County and local tax money0.5%

What stands out

73%

of Palatine Community Consolidated School District 15's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes73%

Property tax
73%$163 million

Fees for services1.1%

Fees for services
1.1%$2.4 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.5 million
  • School lunches$793 thousand
  • School tuition and transportation$34 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$46.8 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%$1.1 million

Fines and other4.3%

Interest, rents and other
4.3%$9.5 million

Where it goes

Schools and colleges98%Interest on debt1.9%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
98%$312 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$312 million
Interest on debt
1.9%$6.1 million
Sent to other local governments
0.4%$1.4 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.4 million
Sources and moreWhere these numbers come from and what they cover

Palatine Community Consolidated School District 15. 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 Palatine Community Consolidated School District 15 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.