IL
Regular Public School District
1 Schools
Fairmont SD 89
Lockport, IL 60441
•
Will County
•
1 Operating Schools
(815) 726-6318
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 291 students
Total Revenue
$10,485,000
Total Expenditure
$9,853,000
Classroom Instruction
$3,994,000
Outstanding Debt
$1,835,000
Revenue Sources
| State Government Funds | $5,223,000 | 49.8% | |
| Local Taxes & Fees | $4,245,000 | 40.5% | |
| Federal Aid | $1,017,000 | 9.7% | |
| Total Revenue | $10,485,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $3,994,000 | 40.5% | |
| Support Services | $3,664,000 | 37.2% | |
| Capital Outlays | $806,000 | 8.2% | |
| Other / Operations | $1,389,000 | 14.1% | |
| Total Expenditure | $9,853,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $36,031
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 291 | $10,485,000 | $9,853,000 | $3,994,000 | $806,000 | $1,835,000 |
| FY 2023 | 312 | $9,294,000 | $9,650,000 | $4,079,000 | $851,000 | $800,000 |
| FY 2022 | 345 | $7,881,000 | $7,267,000 | $3,034,000 | $256,000 | $920,000 |
| FY 2021 | 313 | $7,794,000 | $7,423,000 | $3,461,000 | $377,000 | $1,035,000 |
| FY 2020 | 322 | $10,084,000 | $9,610,000 | $4,741,000 | $334,000 | $1,180,000 |