School district · Cook County, IL

Thornton School District 154's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Thornton School District 154 took in $5.7 million and spent $5.1 million.

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

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Where it comes from

School district taxes55%State tax money42%Fines and other1.9%Fees for services1.0%

What stands out

55%

of Thornton School District 154's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes55%

Property tax
55%$3.1 million

Fees for services1.0%

Fees for services
1.0%$58 thousand
What's in fees for servicesOther school charges
  • Other school charges$58 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$2.4 million

Fines and other1.9%

Interest, rents and other
1.9%$109 thousand

Where it goes

Schools and colleges89%Sent to other local governments10%Interest on debt0.5%

What stands out

10%

of Thornton School District 154's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
89%$4.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$4.6 million
Sent to other local governments
10%$511 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$511 thousand
Interest on debt
0.5%$27 thousand
Sources and moreWhere these numbers come from and what they cover

Thornton School District 154. 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 Thornton School District 154 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.