School district · Van Zandt County, TX

Canton Independent School District 902's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Canton Independent School District 902 took in $32.8 million and spent $31.3 million.

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

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Where it comes from

State tax money52%School district taxes38%Fines and other8.4%Fees for services (school lunches, school tuition and transportation)1.9%

What stands out

7.8%

of Canton Independent School District 902's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes38%

Property tax
38%$12.4 million

Fees for services1.9%

Fees for services
1.9%$615 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$296 thousand
  • School lunches$293 thousand
  • School tuition and transportation$26 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$6 thousand

State tax money52%

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

From the state
52%$17.0 million

Fines and other8.4%

Interest, rents and other
7.8%$2.5 million
Fines
0.6%$205 thousand

Where it goes

Schools and colleges96%Interest on debt4.1%Sent to other local governments0.3%

What stands out

4.1%

of Canton Independent School District 902'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
96%$29.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.9 million
Interest on debt
4.1%$1.3 million
Sent to other local governments
0.3%$87 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$87 thousand
Sources and moreWhere these numbers come from and what they cover

Canton Independent School District 902. 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 Canton Independent School District 902 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.