School district · Deaf Smith County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Hereford Independent School District 901 took in $53.0 million and spent $54.8 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money59%School district taxes32%Fines and other8.4%Fees for services (school lunches)1.1%

What stands out

8.2%

of Hereford Independent School District 901's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes32%

Property tax

32%$16.8 million

Fees for services1.1%

Fees for services

1.1%$594 thousand

What's in fees for servicesSchool lunches and other school charges

School lunches$315 thousand
Other school charges$279 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state

59%$31.1 million

Fines and other8.4%

Interest, rents and other

8.2%$4.3 million

Fines

0.3%$146 thousand

Where it goes

Schools and colleges99%Interest on debt1.1%Sent to other local governments0.1%

Spending by category100%

Schools and colleges

99%$54.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$54.1 million

Interest on debt

1.1%$630 thousand

Sent to other local governments

0.1%$55 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$55 thousand

Sources and moreWhere these numbers come from and what they cover

Hereford 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 Hereford 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.