School district · Hopkins County, TX
Cumby Independent School District 905's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Cumby Independent School District 905 took in $9.0 million and spent $9.9 million.
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Where it comes from
What stands out
of Cumby Independent School District 905's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.
School district taxes15%
Fees for services2.0%
What's in fees for servicesOther school charges; school lunches and 1 more
- Other school charges$77 thousand
- School lunches$72 thousand
- School tuition and transportation$29 thousand
Amounts are by Census type of charge.
Federal tax money0.4%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money78%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other4.3%
Where it goes
What stands out
of Cumby Independent School District 905's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$9.2 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$404 thousand
Sources and moreWhere these numbers come from and what they cover
Cumby Independent School District 905. 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 Cumby Independent School District 905 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.