School district · Lake County, IN

School City of East Chicago's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), School City of East Chicago took in $56.5 million and spent $65.3 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money78%School district taxes18%Fines and other2.0%County and local tax money1.2%Fees for services (school lunches)1.0%

What stands out

78%

of School City of East Chicago's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes18%

Property tax

18%$10.2 million

Fees for services1.0%

Fees for services

1.0%$564 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$494 thousand
Other school charges$70 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government

<0.1%$1 thousand

State tax money78%

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

From the state

78%$43.9 million

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments

1.2%$691 thousand

Fines and other2.0%

Interest, rents and other

2.0%$1.1 million

Where it goes

Schools and colleges99%Interest on debt0.7%

Spending by category100%

Schools and colleges

99%$64.9 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$64.9 million

Interest on debt

0.7%$438 thousand

Sent to other local governments

<0.1%$11 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$11 thousand

Sources and moreWhere these numbers come from and what they cover

School City of East Chicago. 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 School City of East Chicago 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.