School district · Los Angeles County, CA

Santa Monica Community College District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Santa Monica Community College District took in $340 million and spent $336 million.

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

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Where it comes from

State tax money49%School district taxes28%Fees for services (college tuition, university housing and dining)14%Fines and other5.6%County and local tax money3.9%

What stands out

28%

of Santa Monica Community College District's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes28%

Property tax
28%$95.1 million

Fees for services14%

Fees for services
14%$49.0 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$47.0 million
  • University housing and dining$2.0 million

Amounts are by Census type of charge.

Federal tax money-0.4%

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

From the federal government
-0.4%-$1.3 million

State tax money49%

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

From the state
49%$165 million

County and local tax money3.9%

Money passed on by the county or other local governments.

From the county and other local governments
3.9%$13.4 million

Fines and other5.6%

Interest, rents and other
5.6%$19.1 million

Where it goes

Schools and colleges100%

Spending by category100%

Schools and colleges
100%$336 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$296 million
  • Scholarships and other education subsidies$25.0 million
  • College housing, dining and bookstores$15.8 million
Sources and moreWhere these numbers come from and what they cover

Santa Monica Community College 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 Santa Monica Community College 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.