School district · Santa Clara County, CA

Luther Burbank Elementary School's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Luther Burbank Elementary School took in $12.4 million and spent $12.2 million.

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

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Where it comes from

State tax money69%School district taxes20%Fines and other11%County and local tax money<0.1%

What stands out

11%

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

School district taxes20%

Property tax
20%$2.4 million

State tax money69%

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

From the state
69%$8.5 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$7 thousand

Fines and other11%

Interest, rents and other
11%$1.4 million

Where it goes

Schools and colleges94%Interest on debt4.0%Sent to other local governments2.0%

What stands out

4%

of Luther Burbank Elementary School'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
94%$11.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.5 million
Interest on debt
4.0%$487 thousand
Sent to other local governments
2.0%$247 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$247 thousand
Sources and moreWhere these numbers come from and what they cover

Luther Burbank 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 Luther Burbank 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.