School district · Bell County, TX

Belton Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Belton Independent School District 903 took in $190 million and spent $282 million.

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

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Where it comes from

State tax money57%School district taxes34%Fines and other5.0%Fees for services (school lunches, school tuition and transportation)3.3%Federal tax money0.6%

What stands out

34%

of Belton Independent School District 903's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes34%

Property tax
34%$64.4 million

Fees for services3.3%

Fees for services
3.3%$6.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$3.0 million
  • School lunches$2.8 million
  • School tuition and transportation$446 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$1.1 million

State tax money57%

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

From the state
57%$109 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$27 thousand

Fines and other5.0%

Interest, rents and other
4.7%$9.0 million
Fines
0.3%$486 thousand

Where it goes

Schools and colleges94%Interest on debt5.7%

What stands out

5.7%

of Belton Independent School District 903's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
94%$266 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$266 million
Interest on debt
5.7%$16.0 million
Sent to other local governments
<0.1%$15 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$15 thousand
Sources and moreWhere these numbers come from and what they cover

Belton Independent School District 903. 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 Belton Independent School District 903 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.