School district · Riverside County, CA

Corona Norco Unified School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Corona Norco Unified School District took in $1.02 billion and spent $1.01 billion.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money70%School district taxes20%Fines and other6.5%County and local tax money3.5%Fees for services (school lunches, school tuition and transportation)0.2%

What stands out

20%

of Corona Norco Unified School District's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes20%

Property tax
20%$205 million

Fees for services0.2%

Fees for services
0.2%$1.9 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.0 million
  • School lunches$653 thousand
  • School tuition and transportation$227 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$21 thousand

State tax money70%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
70%$712 million

County and local tax money3.5%

Money passed on by the county or other local governments.

From the county and other local governments
3.5%$36.1 million

Fines and other6.5%

Interest, rents and other
6.5%$66.7 million

Where it goes

Schools and colleges97%Interest on debt3.0%

Spending by category100%

Schools and colleges
97%$978 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$978 million
Interest on debt
3.0%$30.2 million
Sent to other local governments
<0.1%$347 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$347 thousand
Sources and moreWhere these numbers come from and what they cover

Corona Norco Unified School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Corona Norco Unified School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.