IL
Regular Public School District
5 Schools
Summit SD 104
Summit, IL 60501
•
Cook County
•
5 Operating Schools
(708) 458-0505
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,447 students
Total Revenue
$50,207,000
Total Expenditure
$51,848,000
Classroom Instruction
$21,300,000
Outstanding Debt
$17,616,000
Revenue Sources
| State Government Funds | $24,328,000 | 48.5% | |
| Local Taxes & Fees | $17,535,000 | 34.9% | |
| Federal Aid | $8,344,000 | 16.6% | |
| Total Revenue | $50,207,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $21,300,000 | 41.1% | |
| Support Services | $20,268,000 | 39.1% | |
| Capital Outlays | $6,073,000 | 11.7% | |
| Other / Operations | $4,207,000 | 8.1% | |
| Total Expenditure | $51,848,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $35,831
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,447 | $50,207,000 | $51,848,000 | $21,300,000 | $6,073,000 | $17,616,000 |
| FY 2023 | 1,459 | $45,797,000 | $43,014,000 | $22,574,000 | $1,395,000 | $19,788,000 |
| FY 2022 | 1,526 | $44,359,000 | $39,049,000 | $19,931,000 | $651,000 | $21,463,000 |
| FY 2021 | 1,586 | $40,205,000 | $33,764,000 | $17,873,000 | $722,000 | $24,611,000 |
| FY 2020 | 1,687 | $39,129,000 | $36,784,000 | $17,350,000 | $2,437,000 | $26,831,000 |