School district · Hood County, TX

Granbury Independent School District 901's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Granbury Independent School District 901 took in $112 million and spent $106 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes68%State tax money25%Fines and other4.5%Fees for services (school lunches, school tuition and transportation)1.4%Federal tax money0.5%

What stands out

68%

of Granbury Independent School District 901's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes68%

Property tax
68%$76.1 million

Fees for services1.4%

Fees for services
1.4%$1.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$830 thousand
  • School lunches$638 thousand
  • School tuition and transportation$96 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$532 thousand

State tax money25%

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

From the state
25%$28.4 million

Fines and other4.5%

Interest, rents and other
3.7%$4.2 million
Fines
0.8%$863 thousand

Where it goes

Schools and colleges93%Interest on debt3.7%Sent to other local governments3.3%

What stands out

93%

of Granbury Independent School District 901's spending goes to schools and colleges.A typical school district with 5,000 to 25,000 students spends 96%.

Spending by category100%

Schools and colleges
93%$98.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$98.4 million
Interest on debt
3.7%$3.9 million
Sent to other local governments
3.3%$3.5 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$3.4 million
  • Sent to school districts$32 thousand
Sources and moreWhere these numbers come from and what they cover

Granbury Independent School District 901. 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 Granbury Independent School District 901 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.