School district · Robertson County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Franklin Independent School District 903 took in $26.6 million and spent $41.1 million.

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

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Where it comes from

School district taxes75%Fines and other14%State tax money8.9%Fees for services (school lunches)2.1%Federal tax money0.2%

What stands out

75%

of Franklin Independent School District 903's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes75%

Property tax
75%$19.9 million

Fees for services2.1%

Fees for services
2.1%$556 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$295 thousand
  • School lunches$261 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$42 thousand

State tax money8.9%

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

From the state
8.9%$2.4 million

Fines and other14%

Interest, rents and other
13%$3.6 million
Fines
0.5%$129 thousand

Where it goes

Schools and colleges93%Sent to other local governments4.6%Interest on debt2.9%

What stands out

4.6%

of Franklin Independent School District 903's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
93%$38.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$38.0 million
Sent to other local governments
4.6%$1.9 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$1.7 million
  • Sent to school districts$143 thousand
Interest on debt
2.9%$1.2 million
Sources and moreWhere these numbers come from and what they cover

Franklin 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 Franklin 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.