IllinoisSchoolsLake Crest Elem School

Lake Crest Elem School

PublicRegular
Oakland, Illinois · Oakland CUSD 5
Students182enrolled
FRL44%Free/Reduced Lunch
Ratio9.6:1students:teacher
LevelPrimaryRegular
SCHOOL SNAPSHOT
Students182
Grade Span
Student:Teacher9.6:1
Free/Reduced Lunch44%
Title INo
SectorPublic

Finance

School finance is reported at the district (LEA) level. The figures below cover the full Oakland CUSD 5.

Per-pupil spending (2019)
$19,149
Total district expenditure
$4,883,000
Total district revenue
$4,919,000
District enrollment
255

Revenue sources

Federal$231,000(4.7%)
State$2,397,000(48.7%)
Local$2,291,000(46.6%)

Spending breakdown

Instruction (teacher salaries, classroom materials)$2,450,000
Support services (admin, transport, building ops)

Source: NCES F-33 School District Finance Survey, FY 2019. Figures cover the entire district; individual school-level spending is not published.

US public school funding 101

  • Local revenue (property taxes) is typically the largest source in most states, though this varies widely.
  • State revenue equalization formulas aim to reduce disparities between wealthy and poor districts.
  • Federal revenue is usually 6-10% of budget — Title I (poverty), IDEA (special education), ESSER (COVID relief).
  • Per-pupil spending varies from under $10,000 to over $30,000 across states; California averages around $15,000, New York around $28,000.