School district · San Mateo County, CA

San Mateo-Foster City School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), San Mateo-Foster City School District took in $241 million and spent $344 million.

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

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Where it comes from

School district taxes71%State tax money18%Fines and other6.4%Fees for services (school lunches)2.4%County and local tax money2.2%

What stands out

64%

of San Mateo-Foster City School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes71%

Property tax
64%$154 million
Other taxes
6.7%$16.2 million
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$16.2 million

Amounts are by Census tax category.

Fees for services2.4%

Fees for services
2.4%$5.7 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$5.5 million
  • School lunches$217 thousand

Amounts are by Census type of charge.

State tax money18%

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

From the state
18%$44.4 million

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$5.4 million

Fines and other6.4%

Interest, rents and other
6.4%$15.3 million

Where it goes

Schools and colleges96%Interest on debt4.4%Sent to other local governments0.1%

Spending by category100%

Schools and colleges
96%$328 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$328 million
Interest on debt
4.4%$15.1 million
Sent to other local governments
0.1%$375 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$375 thousand
Sources and moreWhere these numbers come from and what they cover

San Mateo-Foster City 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 San Mateo-Foster City 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.