School district · Denton County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Krum Independent School District 905 took in $41.0 million and spent $43.6 million.

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

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Where it comes from

School district taxes53%State tax money35%Fines and other9.8%Fees for services (school lunches, school tuition and transportation)2.6%Federal tax money0.1%

What stands out

53%

of Krum Independent School District 905's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes53%

Property tax
53%$21.7 million

Fees for services2.6%

Fees for services
2.6%$1.1 million
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$464 thousand
  • School tuition and transportation$428 thousand
  • Other school charges$189 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$46 thousand

State tax money35%

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

From the state
35%$14.2 million

Fines and other9.8%

Interest, rents and other
9.4%$3.9 million
Fines
0.4%$152 thousand

Where it goes

Schools and colleges95%Interest on debt4.7%Sent to other local governments0.1%

What stands out

4.7%

of Krum Independent School District 905'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
95%$41.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.5 million
Interest on debt
4.7%$2.0 million
Sent to other local governments
0.1%$65 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$65 thousand
Sources and moreWhere these numbers come from and what they cover

Krum 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 Krum 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.