Financials
El Camino Healthcare District (ECHD) Financials
Budget Overviews
- ECHD FY2025 Budget Overview (Presented at June 18, 2024 ECHD meeting.) Meeting Video
- ECHD FY2024 Budget Overview (Presented at June 20, 2023 ECHD meeting.)
In the mid-1950s, when orchards and fields in the Los Altos and Mountain View area were quickly turning into suburbs and commercial enclaves, a group of physicians and concerned citizens banded together to establish a much needed community hospital. The few existing local hospitals were at capacity; hospitals to the north and south were badly overcrowded. The best and fairest way, they decided, was to form a hospital district and levy a tax so the cost would be shared over the population of the entire area.
The ECHD Board of Directors is composed of five publicly elected or appointed representatives. The District has no employees, relying upon staff provided under an agreement with El Camino Hospital. Under that agreement, the hospital provides to the District its Chief Executive Officer and its Chief Financial Officer.
Property taxes paid by District residents are used only for repayment of general obligation bonds, certain capital expenditures within the geographic boundaries of the El Camino Healthcare District, community benefit grants and sponsorships benefitting the El Camino Healthcare District and administrative expenses incurred by the District.
An annual audit is published to provide financial transparency. Funding distribution information is also available online.
El Camino Hospital District ("District," "we," "us") provides this web site and all site-related services (collectively the "Site,") subject to your compliance with the terms and conditions set forth in this agreement (the "Agreement"). This Agreement governs the relationship between the District and you, the Site visitor, with respect to your use of the Site. By using the Site, you agree to be bound by this Agreement. If you do not agree to these terms and conditions, please do not use and exit the Site.
El Camino Healthcare District (ECHD)
SB 272/Gov Code 6270.5 Compliance
Last Update: December 2024