School district · Denton County, TX

Little Elm Independent School District 914's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Little Elm Independent School District 914 took in $148 million and spent $151 million.

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

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Where it comes from

School district taxes61%State tax money26%Fines and other10%Fees for services (school lunches, school tuition and transportation)2.1%Federal tax money0.6%

What stands out

61%

of Little Elm Independent School District 914's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes61%

Property tax
61%$90.3 million

Fees for services2.1%

Fees for services
2.1%$3.1 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$2.1 million
  • Other school charges$915 thousand
  • School tuition and transportation$54 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%$831 thousand

State tax money26%

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

From the state
26%$38.9 million

Fines and other10%

Interest, rents and other
9.9%$14.7 million
Fines
0.3%$434 thousand

Where it goes

Schools and colleges83%Interest on debt16%Sent to other local governments1.0%

What stands out

16%

of Little Elm Independent School District 914'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
83%$125 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$125 million
Interest on debt
16%$24.4 million
Sent to other local governments
1.0%$1.5 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$1.4 million
  • Sent to school districts$125 thousand
Sources and moreWhere these numbers come from and what they cover

Little Elm Independent School District 914. 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 Little Elm Independent School District 914 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.