School district · Lake County, IL

Truenorth Educational Cooperative 804's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Truenorth Educational Cooperative 804 took in $43.4 million and spent $48.0 million.

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

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Where it comes from

County and local tax money59%Fees for services (school tuition and transportation, school lunches)30%State tax money8.0%Fines and other2.7%

What stands out

30%

of Truenorth Educational Cooperative 804's money comes from fees for services such as water, sewer and parking.Most vocational schools and education service agencies get none.

Fees for services30%

Fees for services
30%$13.0 million
What's in fees for servicesSchool tuition and transportation and school lunches
  • School tuition and transportation$13.0 million
  • School lunches$12 thousand

Amounts are by Census type of charge.

State tax money8.0%

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

From the state
8.0%$3.5 million

County and local tax money59%

Money passed on by the county or other local governments.

From the county and other local governments
59%$25.8 million

Fines and other2.7%

Interest, rents and other
2.7%$1.2 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$48.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$48.0 million
Sources and moreWhere these numbers come from and what they cover

Truenorth Educational Cooperative 804. 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 Truenorth Educational Cooperative 804 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.