School district · Williamson County, TX

Liberty Hill Independent School District 908's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Liberty Hill Independent School District 908 took in $147 million and spent $373 million.

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

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Where it comes from

School district taxes58%State tax money26%Fines and other12%Fees for services (school lunches, school tuition and transportation)3.8%

What stands out

58%

of Liberty Hill Independent School District 908's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes58%

Property tax
58%$84.5 million

Fees for services3.8%

Fees for services
3.8%$5.6 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$2.6 million
  • Other school charges$2.2 million
  • School tuition and transportation$806 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$35 thousand

State tax money26%

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

From the state
26%$38.5 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$54 thousand

Fines and other12%

Interest, rents and other
12%$17.8 million
Fines
0.2%$355 thousand

Where it goes

Schools and colleges91%Interest on debt8.5%Sent to other local governments<0.1%

What stands out

8.5%

of Liberty Hill Independent School District 908's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
91%$341 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$341 million
Interest on debt
8.5%$31.8 million
Sent to other local governments
<0.1%$305 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$305 thousand
Sources and moreWhere these numbers come from and what they cover

Liberty Hill 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 Liberty Hill 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.