School district · Lake County, IL

Township High School District 113's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Township High School District 113 took in $129 million and spent $164 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes85%State tax money6.5%Fines and other6.0%Fees for services (school tuition and transportation)2.2%County and local tax money<0.1%

What stands out

85%

of Township High School District 113's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes85%

Property tax
85%$110 million

Fees for services2.2%

Fees for services
2.2%$2.8 million
What's in fees for servicesOther school charges and school tuition and transportation
  • Other school charges$2.7 million
  • School tuition and transportation$97 thousand

Amounts are by Census type of charge.

State tax money6.5%

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

From the state
6.5%$8.4 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%$103 thousand

Fines and other6.0%

Interest, rents and other
6.0%$7.7 million

Where it goes

Schools and colleges95%Interest on debt2.6%Sent to other local governments2.5%

Spending by category100%

Schools and colleges
95%$156 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$156 million
Interest on debt
2.6%$4.3 million
Sent to other local governments
2.5%$4.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$4.1 million
Sources and moreWhere these numbers come from and what they cover

Township High School District 113. 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 Township High School District 113 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.