School district · Shackelford County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Albany Independent School District 901 took in $8.4 million and spent $8.1 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money55%School district taxes31%Fines and other10%Fees for services (school lunches)1.8%Federal tax money1.7%

What stands out

10%

of Albany 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 taxes31%

Property tax

31%$2.6 million

Fees for services1.8%

Fees for services

1.8%$152 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$102 thousand
School lunches$50 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government

1.7%$144 thousand

State tax money55%

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

From the state

55%$4.6 million

Fines and other10%

Interest, rents and other

9.9%$837 thousand

Fines

0.5%$39 thousand

Where it goes

Schools and colleges100%Sent to other local governments0.4%Interest on debt<0.1%

Spending by category100%

Schools and colleges

100%$8.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$8.1 million

Sent to other local governments

0.4%$29 thousand

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

Sent to school districts$29 thousand

Interest on debt

<0.1%$7 thousand

Sources and moreWhere these numbers come from and what they cover

Albany 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 Albany 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.