School district · Fannin County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Bonham Independent School District 903 took in $35.6 million and spent $31.6 million.

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

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Where it comes from

School district taxes41%State tax money38%Fines and other12%County and local tax money3.9%Federal tax money3.8%Fees for services (school lunches, school tuition and transportation)1.7%

What stands out

11%

of Bonham Independent School District 903's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes41%

Property tax
41%$14.5 million

Fees for services1.7%

Fees for services
1.7%$605 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$472 thousand
  • School lunches$88 thousand
  • School tuition and transportation$45 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$1.4 million

State tax money38%

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

From the state
38%$13.4 million

County and local tax money3.9%

Money passed on by the county or other local governments.

From the county and other local governments
3.9%$1.4 million

Fines and other12%

Interest, rents and other
11%$4.1 million
Fines
0.6%$219 thousand

Where it goes

Schools and colleges93%Interest on debt7.3%Sent to other local governments<0.1%

What stands out

7.3%

of Bonham Independent School District 903's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
93%$29.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.3 million
Interest on debt
7.3%$2.3 million
Sent to other local governments
<0.1%$19 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$19 thousand
Sources and moreWhere these numbers come from and what they cover

Bonham 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 Bonham 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.