IL
Regular Public School District
5 Schools
Summit Hill SD 161
Frankfort, IL 60423
•
Will County
•
5 Operating Schools
(815) 469-9103
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,398 students
Total Revenue
$66,110,000
Total Expenditure
$58,692,000
Classroom Instruction
$35,634,000
Outstanding Debt
$18,220,000
Revenue Sources
| State Government Funds | $18,185,000 | 27.5% | |
| Local Taxes & Fees | $46,095,000 | 69.7% | |
| Federal Aid | $1,830,000 | 2.8% | |
| Total Revenue | $66,110,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $35,634,000 | 60.7% | |
| Support Services | $16,399,000 | 27.9% | |
| Capital Outlays | $1,951,000 | 3.3% | |
| Other / Operations | $4,708,000 | 8% | |
| Total Expenditure | $58,692,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $27,569
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,398 | $66,110,000 | $58,692,000 | $35,634,000 | $1,951,000 | $18,220,000 |
| FY 2023 | 2,499 | $61,788,000 | $54,622,000 | $32,996,000 | $1,445,000 | $24,830,000 |
| FY 2022 | 2,573 | $58,419,000 | $50,720,000 | $30,414,000 | $601,000 | $30,755,000 |
| FY 2021 | 2,633 | $62,023,000 | $56,585,000 | $34,003,000 | $450,000 | $36,125,000 |
| FY 2020 | 2,755 | $53,312,000 | $48,944,000 | $27,506,000 | $1,212,000 | $40,835,000 |