School district · Hidalgo County, TX

Hidalgo Independent School District 905's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Hidalgo Independent School District 905 took in $55.9 million and spent $51.6 million.

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

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Where it comes from

State tax money74%School district taxes15%Fines and other10%Fees for services (school tuition and transportation, school lunches)0.6%

What stands out

10%

of Hidalgo Independent School District 905's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes15%

Property tax
15%$8.5 million

Fees for services0.6%

Fees for services
0.6%$323 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$294 thousand
  • School tuition and transportation$15 thousand
  • School lunches$14 thousand

Amounts are by Census type of charge.

State tax money74%

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

From the state
74%$41.3 million

Fines and other10%

Interest, rents and other
10%$5.6 million
Fines
0.3%$154 thousand

Where it goes

Schools and colleges97%Interest on debt1.7%Sent to other local governments1.6%

Spending by category100%

Schools and colleges
97%$49.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$49.9 million
Interest on debt
1.7%$866 thousand
Sent to other local governments
1.6%$833 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$833 thousand
Sources and moreWhere these numbers come from and what they cover

Hidalgo Independent School District 905. 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 Hidalgo Independent School District 905 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.