School district · Santa Clara County, CA

Franklin McKinley Elementary School's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Franklin McKinley Elementary School took in $166 million and spent $174 million.

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

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Where it comes from

State tax money64%School district taxes29%Fines and other5.1%County and local tax money1.1%Fees for services (school lunches)0.6%

What stands out

64%

of Franklin McKinley Elementary School's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes29%

Property tax
27%$45.3 million
Other taxes
1.5%$2.5 million
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$2.5 million

Amounts are by Census tax category.

Fees for services0.6%

Fees for services
0.6%$1.0 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$985 thousand
  • School lunches$58 thousand

Amounts are by Census type of charge.

State tax money64%

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

From the state
64%$107 million

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$1.9 million

Fines and other5.1%

Interest, rents and other
5.1%$8.5 million

Where it goes

Schools and colleges97%Interest on debt3.4%

Spending by category100%

Schools and colleges
97%$168 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$168 million
Interest on debt
3.4%$6.0 million
Sources and moreWhere these numbers come from and what they cover

Franklin McKinley Elementary School. 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 Franklin McKinley Elementary School 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.