School district · Galveston County, TX
Hitchcock Independent School District 908's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Hitchcock Independent School District 908 took in $38.1 million and spent $64.8 million.
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Where it comes from
What stands out
of Hitchcock Independent School District 908's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.
School district taxes35%
Fees for services0.3%
What's in fees for servicesOther school charges and school lunches
- Other school charges$91 thousand
- School lunches$42 thousand
Amounts are by Census type of charge.
Federal tax money8.1%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money51%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other5.3%
Where it goes
What stands out
of Hitchcock Independent School District 908's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$61.9 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$258 thousand
Sources and moreWhere these numbers come from and what they cover
Hitchcock Independent School District 908. 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 Hitchcock Independent School District 908 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.