School district · Hunt County, TX

Lone Oak Independent School District 906's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Lone Oak Independent School District 906 took in $19.4 million and spent $34.8 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money57%School district taxes33%Fines and other8.0%Fees for services (school lunches, school tuition and transportation)1.9%

What stands out

7.5%

of Lone Oak Independent School District 906's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes33%

Property tax

33%$6.4 million

Fees for services1.9%

Fees for services

1.9%$359 thousand

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$326 thousand
Other school charges$30 thousand
School tuition and transportation$3 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%$1 thousand

State tax money57%

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

From the state

57%$11.0 million

Fines and other8.0%

Interest, rents and other

7.5%$1.4 million

Fines

0.5%$103 thousand

Where it goes

Schools and colleges96%Interest on debt4.5%

What stands out

4.5%

of Lone Oak Independent School District 906'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

96%$33.2 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$33.2 million

Interest on debt

4.5%$1.5 million

Sent to other local governments

<0.1%$11 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$11 thousand

Sources and moreWhere these numbers come from and what they cover

Lone Oak Independent School District 906. 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 Lone Oak Independent School District 906 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.