School district · Los Angeles County, CA

Santa Monica-Malibu Unified School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Santa Monica-Malibu Unified School District took in $328 million and spent $405 million.

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

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Where it comes from

School district taxes51%Fines and other25%County and local tax money12%State tax money11%Fees for services (school lunches, school tuition and transportation)1.6%

What stands out

25%

of Santa Monica-Malibu Unified School District's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.

School district taxes51%

Property tax
46%$151 million
Other taxes
4.6%$15.0 million
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$15.0 million

Amounts are by Census tax category.

Fees for services1.6%

Fees for services
1.6%$5.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$4.9 million
  • School lunches$345 thousand
  • School tuition and transportation$54 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$36.0 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$38.3 million

Fines and other25%

Interest, rents and other
25%$83.0 million

Where it goes

Schools and colleges92%Interest on debt8.3%

What stands out

8.3%

of Santa Monica-Malibu Unified School District's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
92%$371 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$371 million
Interest on debt
8.3%$33.5 million
Sent to other local governments
<0.1%$110 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$110 thousand
Sources and moreWhere these numbers come from and what they cover

Santa Monica-Malibu Unified 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 Santa Monica-Malibu Unified 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.