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AHSD25

Embracing Today - Inspiring Tomorrow

Revenues & Expenditures

  • District 25 is grateful for the support of the Arlington Heights community and the Arlington Heights constituents. District 25's intention is to be transparent in our financial sources, expenditures and funds. Please use this page as a reference for those three categories.

  • Revenue Sources

     

    District 25 receives approximately three-quarters of its revenue from local property taxes. This year the State of Illinois will provide 15.2 percent of the District's funding. Other revenue sources include rental income, corporate personal property tax replacement, and interest.

     

    Revenue source breakdown

  • Education Fund

     

    Salaries and benefits for the teaching and support staff are the District's largest expense.

    Tuition costs are for students who attend special education schools outside District 25. Other costs include purchased services, capital outlay, and a contingency.

     

    Education funds breakdown

  • Expenditures

     

    The District 25 budget is divided into funds. The Education, Operations and Maintenance, and Transportation Funds are the three main operating funds.

     

    The Education Fund accounts for 72.3% of expenditures. This pays for regular and special education programs, health services, and administrative costs. The chart and information below outline how Education Fund monies are spent.

     

    The Operations and Maintenance Fund covers the costs of maintaining the buildings and includes custodial and maintenance staff salaries, utilities, and insurance.

     

    The Transportation Fund covers busing of students. The District buses students following state transportation laws.

     

    The Bond and Interest Fund handles principal and interest payments on bonds. District 25 has sold bonds to finance school construction and renovation projects.

     

    Other funds include the following:

    • IMRF/FICA pays for the District's portion of retirement benefits for non-certified employees covered by the Illinois Municipal Retirement Fund. FICA is Social Security.
    • Working Cash is something like a savings account; money from it can be lent to other funds when needed.
    • Life Safety Funds cover expenses related to fire prevention and other health and safety features in schools. School districts follow many government regulations covering the health and safety of students.

     

    Expenditures breakdown

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