School district · Scurry County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Ira Independent School District 903 took in $4.7 million and spent $4.7 million.

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

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Where it comes from

State tax money48%School district taxes37%Fines and other8.7%Fees for services (school lunches, school tuition and transportation)4.6%Federal tax money1.1%County and local tax money0.7%

What stands out

8.3%

of Ira Independent School District 903's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes37%

Property tax

37%$1.7 million

Fees for services4.6%

Fees for services

4.6%$217 thousand

What's in fees for servicesOther school charges; school lunches and 1 more

Other school charges$122 thousand
School lunches$92 thousand
School tuition and transportation$3 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government

1.1%$53 thousand

State tax money48%

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

From the state

48%$2.3 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments

0.7%$31 thousand

Fines and other8.7%

Interest, rents and other

8.3%$390 thousand

Fines

0.4%$17 thousand

Where it goes

Schools and colleges94%Interest on debt4.3%Sent to other local governments2.1%

What stands out

4.3%

of Ira 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

94%$4.4 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$4.4 million

Interest on debt

4.3%$201 thousand

Sent to other local governments

2.1%$101 thousand

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

Sent to school districts$101 thousand

Sources and moreWhere these numbers come from and what they cover

Ira 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 Ira 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.