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IL Regular Public School District 1 Schools

Argo CHSD 217

Summit, IL 60501 • Cook County • 1 Operating Schools
(708) 728-3200
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,841 students
Census F-33 • FY 2024
Total Revenue
$70,943,000
Total Expenditure
$74,808,000
Classroom Instruction
$29,764,000
Outstanding Debt
$37,210,000

Revenue Sources

State Government Funds: $27,166,000 (38.3%) Local Taxes & Fees: $34,976,000 (49.3%) Federal Aid: $8,801,000 (12.4%)
State Government Funds $27,166,000 38.3%
Local Taxes & Fees $34,976,000 49.3%
Federal Aid $8,801,000 12.4%
Total Revenue $70,943,000 100.0%

Expenditure Allocation

Classroom Instruction: $29,764,000 (39.8%) Support Services: $20,345,000 (27.2%) Capital Outlays: $19,983,000 (26.7%) Other / Operations: $4,716,000 (6.3%)
Classroom Instruction $29,764,000 39.8%
Support Services $20,345,000 27.2%
Capital Outlays $19,983,000 26.7%
Other / Operations $4,716,000 6.3%
Total Expenditure $74,808,000 100.0%

Financial Comparison & Trends Chart

$0$11,750$23,500$35,250$47,000FY 2020 Revenue/Student: $25,275$25,275FY 2020 Expenditure/Student: $24,293$24,293FY 20201,934 stdsFY 2021 Revenue/Student: $28,409$28,409FY 2021 Expenditure/Student: $25,857$25,857FY 20211,923 stdsFY 2022 Revenue/Student: $30,471$30,471FY 2022 Expenditure/Student: $28,997$28,997FY 20221,943 stdsFY 2023 Revenue/Student: $32,852$32,852FY 2023 Expenditure/Student: $31,290$31,290FY 20231,924 stdsFY 2024 Revenue/Student: $38,535$38,535FY 2024 Expenditure/Student: $40,634$40,634FY 20241,841 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $40,634

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,841 $70,943,000 $74,808,000 $29,764,000 $19,983,000 $37,210,000
FY 2023 1,924 $63,208,000 $60,202,000 $29,604,000 $7,255,000 $38,645,000
FY 2022 1,943 $59,206,000 $56,341,000 $28,928,000 $3,223,000 $23,475,000
FY 2021 1,923 $54,631,000 $49,723,000 $27,156,000 $3,870,000 $25,439,000
FY 2020 1,934 $48,881,000 $46,983,000 $26,589,000 $2,920,000 $24,547,000