School district · Cook County, IL

Park Forest School District 163's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Park Forest School District 163 took in $39.8 million and spent $43.8 million.

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

See every government that serves your ZIP

Where it comes from

State tax money73%School district taxes25%Fines and other2.0%Fees for services (school tuition and transportation)0.1%

What stands out

73%

of Park Forest School District 163's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes25%

Property tax
25%$10.1 million

Fees for services0.1%

Fees for services
0.1%$43 thousand
What's in fees for servicesOther school charges and school tuition and transportation
  • Other school charges$32 thousand
  • School tuition and transportation$11 thousand

Amounts are by Census type of charge.

State tax money73%

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

From the state
73%$28.9 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$2 thousand

Fines and other2.0%

Interest, rents and other
2.0%$795 thousand

Where it goes

Schools and colleges95%Interest on debt2.6%Sent to other local governments2.0%

Spending by category100%

Schools and colleges
95%$41.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.8 million
Interest on debt
2.6%$1.1 million
Sent to other local governments
2.0%$872 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$872 thousand
Sources and moreWhere these numbers come from and what they cover

Park Forest School District 163. 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 Park Forest School District 163 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.