School district · Galveston County, TX

High Island Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), High Island Independent School District 903 took in $4.6 million and spent $5.5 million.

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

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Where it comes from

School district taxes75%Fines and other11%State tax money9.5%Fees for services (school lunches)3.5%Federal tax money0.5%

What stands out

75%

of High Island Independent School District 903's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes75%

Property tax

75%$3.5 million

Fees for services3.5%

Fees for services

3.5%$164 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$111 thousand
School lunches$53 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%$25 thousand

State tax money9.5%

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

From the state

9.5%$439 thousand

Fines and other11%

Interest, rents and other

8.7%$404 thousand

Fines

2.5%$115 thousand

Where it goes

Schools and colleges91%Interest on debt4.5%Sent to other local governments4.3%

What stands out

4.5%

of High Island Independent School District 903'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

91%$5.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$5.0 million

Interest on debt

4.5%$248 thousand

Sent to other local governments

4.3%$236 thousand

What's in sent to other local governmentsSent to the state government and sent to school districts

Sent to the state government$234 thousand
Sent to school districts$2 thousand

Sources and moreWhere these numbers come from and what they cover

High Island Independent School District 903. 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 High Island Independent School District 903 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.