School district · Denton County, TX

Lake Dallas Independent School District 912's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Lake Dallas Independent School District 912 took in $63.9 million and spent $65.9 million.

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

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Where it comes from

School district taxes55%State tax money35%Fines and other7.4%Fees for services (school lunches, school tuition and transportation)1.7%Federal tax money1.1%

What stands out

55%

of Lake Dallas Independent School District 912's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes55%

Property tax
55%$35.1 million

Fees for services1.7%

Fees for services
1.7%$1.1 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$880 thousand
  • Other school charges$171 thousand
  • School tuition and transportation$7 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%$710 thousand

State tax money35%

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

From the state
35%$22.2 million

Fines and other7.4%

Interest, rents and other
7.1%$4.5 million
Fines
0.3%$214 thousand

Where it goes

Schools and colleges83%Interest on debt17%

What stands out

17%

of Lake Dallas Independent School District 912'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
83%$54.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$54.5 million
Interest on debt
17%$11.4 million
Sources and moreWhere these numbers come from and what they cover

Lake Dallas Independent School District 912. 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 Lake Dallas Independent School District 912 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.