School district · Potter County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Amarillo Independent School District took in $395 million and spent $379 million.

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

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Where it comes from

State tax money72%School district taxes23%Fines and other3.1%Fees for services (school lunches, school tuition and transportation)1.7%Federal tax money0.2%

What stands out

72%

of Amarillo Independent School District's money comes from state tax money.A typical school district with 25,000+ students gets 55%.

School district taxes23%

Property tax

23%$90.6 million

Fees for services1.7%

Fees for services

1.7%$6.7 million

What's in fees for servicesOther school charges; school lunches and 1 more

Other school charges$3.6 million
School lunches$2.5 million
School tuition and transportation$642 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%$786 thousand

State tax money72%

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

From the state

72%$285 million

Fines and other3.1%

Interest, rents and other

2.8%$11.1 million

Fines

0.3%$1.0 million

Where it goes

Schools and colleges98%Interest on debt2.3%

Spending by category100%

Schools and colleges

98%$370 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$370 million

Interest on debt

2.3%$8.8 million

Sent to other local governments

<0.1%$102 thousand

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

Sent to school districts$102 thousand

Sources and moreWhere these numbers come from and what they cover

Amarillo Independent School District. 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 Amarillo Independent 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.