School district · Ward County, TX

Grandfalls Royalty Independent School District 904's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Grandfalls Royalty Independent School District 904 took in $3.6 million and spent $3.4 million.

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

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Where it comes from

School district taxes54%State tax money40%Fines and other5.4%Fees for services (school lunches)0.9%

What stands out

54%

of Grandfalls Royalty Independent School District 904's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes54%

Property tax
54%$1.9 million

Fees for services0.9%

Fees for services
0.9%$33 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$26 thousand
  • School lunches$7 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state
40%$1.4 million

Fines and other5.4%

Interest, rents and other
5.0%$180 thousand
Fines
0.3%$11 thousand

Where it goes

Schools and colleges92%Interest on debt7.7%Sent to other local governments0.1%

What stands out

7.7%

of Grandfalls Royalty Independent School District 904's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
92%$3.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.2 million
Interest on debt
7.7%$265 thousand
Sent to other local governments
0.1%$4 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$4 thousand
Sources and moreWhere these numbers come from and what they cover

Grandfalls Royalty Independent School District 904. 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 Grandfalls Royalty Independent School District 904 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.