School district · Palo Pinto County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Graford Independent School District 902 took in $8.8 million and spent $13.2 million.

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

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Where it comes from

School district taxes84%Fines and other8.1%State tax money7.0%Fees for services (school lunches)0.7%

What stands out

84%

of Graford Independent School District 902's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes84%

Property tax
84%$7.4 million

Fees for services0.7%

Fees for services
0.7%$58 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$52 thousand
  • School lunches$6 thousand

Amounts are by Census type of charge.

State tax money7.0%

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

From the state
7.0%$621 thousand

Fines and other8.1%

Interest, rents and other
6.3%$557 thousand
Fines
1.8%$159 thousand

Where it goes

Sent to other local governments54%Schools and colleges44%Interest on debt1.5%

What stands out

54%

of Graford Independent School District 902's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Sent to other local governments
54%$7.1 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$7.1 million
  • Sent to school districts$46 thousand
Schools and colleges
44%$5.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.8 million
Interest on debt
1.5%$197 thousand
Sources and moreWhere these numbers come from and what they cover

Graford 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 Graford 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.