School district · Kaufman County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Forney Independent School District 902 took in $270 million and spent $550 million.

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

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Where it comes from

State tax money46%School district taxes43%Fines and other8.0%Fees for services (school lunches, school tuition and transportation)2.2%

What stands out

43%

of Forney Independent School District 902's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes43%

Property tax

43%$117 million

Fees for services2.2%

Fees for services

2.2%$5.9 million

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

School lunches$3.2 million
Other school charges$2.5 million
School tuition and transportation$140 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%$50 thousand

State tax money46%

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

From the state

46%$125 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%$52 thousand

Fines and other8.0%

Interest, rents and other

7.8%$21.2 million

Fines

0.2%$419 thousand

Where it goes

Schools and colleges91%Interest on debt8.8%

What stands out

8.8%

of Forney Independent School District 902'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

91%$502 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$502 million

Interest on debt

8.8%$48.2 million

Sent to other local governments

<0.1%$159 thousand

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

Sent to school districts$159 thousand

Sources and moreWhere these numbers come from and what they cover

Forney 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 Forney 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.