THORP O A ELEM SCHOLASTIC ACAD (K - 8)
CHICAGO PUBLIC SCHOOLS DISTRICT 299
Current Principal
Efren Toledo
Chief Executive Officer
Mr. Pedro Martinez
Address
6024 W WARWICK AVE
CHICAGO IL 60634
(773) 534-3640
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.