School district · Midland County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Greenwood Independent School District 902 took in $64.0 million and spent $74.5 million.

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

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Where it comes from

School district taxes76%State tax money11%Fines and other11%Fees for services (school lunches, school tuition and transportation)2.0%

What stands out

76%

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

School district taxes76%

Property tax
76%$49.0 million

Fees for services2.0%

Fees for services
2.0%$1.3 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$761 thousand
  • Other school charges$482 thousand
  • School tuition and transportation$20 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$7.0 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%$27 thousand

Fines and other11%

Interest, rents and other
9.7%$6.2 million
Fines
0.8%$523 thousand

Where it goes

Schools and colleges74%Sent to other local governments24%Interest on debt2.0%

What stands out

24%

of Greenwood 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%

Schools and colleges
74%$55.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$55.4 million
Sent to other local governments
24%$17.6 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$17.4 million
  • Sent to school districts$174 thousand
Interest on debt
2.0%$1.5 million
Sources and moreWhere these numbers come from and what they cover

Greenwood 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 Greenwood 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.