School district · Curry County, NM

Texico School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Texico School District took in $12.3 million and spent $10.3 million.

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

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Where it comes from

State tax money85%School district taxes7.5%Fees for services (school lunches)4.7%Fines and other2.2%Federal tax money0.2%

What stands out

7.3%

of Texico School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes7.5%

Property tax
7.3%$900 thousand
Other taxes
0.2%$26 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$26 thousand

Amounts are by Census tax category.

Fees for services4.7%

Fees for services
4.7%$576 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$573 thousand
  • School lunches$3 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$23 thousand

State tax money85%

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

From the state
85%$10.5 million

Fines and other2.2%

Interest, rents and other
2.2%$276 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%

Spending by category100%

Schools and colleges
99%$10.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.3 million
Interest on debt
0.7%$74 thousand
Sources and moreWhere these numbers come from and what they cover

Texico 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 Texico 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.