School district · Los Angeles County, CA

Hermosa Beach Elementary School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hermosa Beach Elementary School District took in $23.4 million and spent $27.6 million.

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

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Where it comes from

School district taxes46%State tax money42%Fines and other11%Fees for services0.5%

What stands out

11%

of Hermosa Beach Elementary School District's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes46%

Property tax
46%$10.7 million

Fees for services0.5%

Fees for services
0.5%$112 thousand
What's in fees for servicesOther school charges
  • Other school charges$112 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$9.9 million

Fines and other11%

Interest, rents and other
11%$2.7 million

Where it goes

Schools and colleges91%Interest on debt9.3%Sent to other local governments<0.1%

What stands out

9.3%

of Hermosa Beach Elementary School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
91%$25.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.1 million
Interest on debt
9.3%$2.6 million
Sent to other local governments
<0.1%$18 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$18 thousand
Sources and moreWhere these numbers come from and what they cover

Hermosa Beach Elementary 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 Hermosa Beach Elementary 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.