Budget Basics
Revenue: Where does the money come from?
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District 200 revenue comes from the following sources:
- Local Property Taxes: The greatest source of District 200 income, accounting for 87% of revenues.
- Other Local Sources: Student fees, other local tax collections, cafeteria receipts, instructional materials fee, earnings on investments, and miscellaneous revenues.
- State Revenue: Comprises two types of funding sources:
- Unrestricted Aid: Amount is based on a formula and is intended to guarantee that all districts have available a certain amount of money per student.
- Restricted Aid: Distributed to school districts through categorical grants designed to support mandated programs, such as Special Education and free and reduced lunch.
- Federal Grants: Restricted for a specific purpose or need, such as reimbursement for free and reduced lunch, Title 1 programs, and special education.