DR DONALD WHARTON ELEM SCHOOL (5 - 5)
SUMMIT SD 104
Current Principal
Ms. Raquel Modiest
Current District Superintendent
Dr. Troy Whalen
Address
7555 W 64TH ST
SUMMIT IL 60501
(708) 458-0640
District Finances:
This display shows the Real Receipts total for this district and the percentage of the district’s Adequacy Target that the total represents. Learn More
Real Receipts is a component of the calculation that determines a district’s Local Capacity Target. Real Receipts reflect a simulation of local tax revenue when multiplying Equalized Assessed Valuation (EAV) by the adjusted operating tax rate.
The Adequacy Target is the sum of all Education Cost Factors as calculated for each individual district multiplied by the Regionalization Factor that measures regional variations in salaries.
When the Real Receipts amount is greater than the Local Capacity Target, the Local Capacity Target is increased by an amount equal to (Real Receipts – Local Capacity Target) X Preliminary Percentage of Adequacy.