School district · Lampasas County, TX

Lometa Independent School District 902's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Lometa Independent School District 902 took in $6.4 million and spent $6.3 million.

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

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Where it comes from

State tax money66%School district taxes29%Fines and other5.2%Fees for services (school lunches, school tuition and transportation)0.6%

What stands out

66%

of Lometa Independent School District 902's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes29%

Property tax
29%$1.8 million

Fees for services0.6%

Fees for services
0.6%$38 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$19 thousand
  • School lunches$16 thousand
  • School tuition and transportation$3 thousand

Amounts are by Census type of charge.

State tax money66%

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

From the state
66%$4.2 million

Fines and other5.2%

Interest, rents and other
5.0%$321 thousand
Fines
0.2%$10 thousand

Where it goes

Schools and colleges97%Interest on debt2.6%

Spending by category100%

Schools and colleges
97%$6.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.1 million
Interest on debt
2.6%$164 thousand
Sources and moreWhere these numbers come from and what they cover

Lometa Independent School District 902. 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 Lometa Independent School District 902 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.