School district · Lake County, IL

Wauconda Community Unit School District 118's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Wauconda Community Unit School District 118 took in $86.7 million and spent $102 million.

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

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Where it comes from

School district taxes67%State tax money28%Fines and other3.3%Fees for services (school lunches, school tuition and transportation)1.4%County and local tax money0.3%

What stands out

67%

of Wauconda Community Unit School District 118's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes67%

Property tax
67%$57.9 million

Fees for services1.4%

Fees for services
1.4%$1.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$729 thousand
  • School lunches$464 thousand
  • School tuition and transportation$26 thousand

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$24.4 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$233 thousand

Fines and other3.3%

Interest, rents and other
3.3%$2.9 million

Where it goes

Schools and colleges92%Sent to other local governments6.8%Interest on debt0.8%

What stands out

6.8%

of Wauconda Community Unit School District 118'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
92%$94.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$94.3 million
Sent to other local governments
6.8%$6.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$6.9 million
Interest on debt
0.8%$802 thousand
Sources and moreWhere these numbers come from and what they cover

Wauconda Community Unit School District 118. 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 Wauconda Community Unit School District 118 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.