School district · Hill County, TX

Abbott Independent School District 901's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Abbott Independent School District 901 took in $8.7 million and spent $15.7 million.

Latest recorded year: ended August 31, 2023Comes fromGoes to

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Where it comes from

School district taxes36%State tax money32%Fines and other30%Fees for services (school lunches, school tuition and transportation)2.9%

What stands out

29%

of Abbott Independent School District 901's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes36%

Property tax
36%$3.1 million

Fees for services2.9%

Fees for services
2.9%$255 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$132 thousand
  • School lunches$87 thousand
  • School tuition and transportation$36 thousand

Amounts are by Census type of charge.

State tax money32%

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

From the state
32%$2.8 million

Fines and other30%

Interest, rents and other
29%$2.6 million
Fines
0.2%$14 thousand

Where it goes

Schools and colleges97%Interest on debt3.0%Sent to other local governments0.1%

Spending by category100%

Schools and colleges
97%$15.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.2 million
Interest on debt
3.0%$475 thousand
Sent to other local governments
0.1%$20 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$20 thousand
Sources and moreWhere these numbers come from and what they cover

Abbott Independent School District 901. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended August 31, 2023.

What this covers. The money of Abbott Independent School District 901 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.