School district · Nassau County, NY

Hempstead Independent Union Free School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hempstead Independent Union Free School District took in $345 million and spent $330 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money74%School district taxes21%Fines and other4.3%County and local tax money0.5%

What stands out

74%

of Hempstead Independent Union Free School District's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes21%

Property tax

21%$72.5 million

Fees for services<0.1%

Fees for services

<0.1%$99 thousand

What's in fees for servicesSchool lunches

School lunches$99 thousand

Amounts are by Census type of charge.

State tax money74%

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

From the state

74%$256 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments

0.5%$1.6 million

Fines and other4.3%

Interest, rents and other

4.3%$14.7 million

Where it goes

Schools and colleges99%Interest on debt0.7%Sent to other local governments0.1%

Spending by category100%

Schools and colleges

99%$327 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$327 million

Interest on debt

0.7%$2.3 million

Sent to other local governments

0.1%$449 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$449 thousand

Sources and moreWhere these numbers come from and what they cover

Hempstead Independent Union Free 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 Hempstead Independent Union Free 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.