School district · Houston County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Latexo Independent School District 905 took in $7.9 million and spent $8.0 million.

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

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Where it comes from

State tax money69%School district taxes25%Fees for services (school tuition and transportation, school lunches)3.1%Fines and other1.7%Federal tax money0.6%

What stands out

69%

of Latexo Independent School District 905's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes25%

Property tax
25%$2.0 million

Fees for services3.1%

Fees for services
3.1%$248 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$100 thousand
  • School tuition and transportation$76 thousand
  • School lunches$72 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$49 thousand

State tax money69%

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

From the state
69%$5.4 million

Fines and other1.7%

Interest, rents and other
1.4%$109 thousand
Fines
0.3%$25 thousand

Where it goes

Schools and colleges98%Interest on debt1.1%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
98%$7.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.8 million
Interest on debt
1.1%$84 thousand
Sent to other local governments
0.8%$60 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$60 thousand
Sources and moreWhere these numbers come from and what they cover

Latexo 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 Latexo 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.