School district · Gaines County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Loop Independent School District 902 took in $3.3 million and spent $4.1 million.

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

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Where it comes from

School district taxes51%State tax money27%Fines and other21%Fees for services0.9%

What stands out

15%

of Loop Independent School District 902's money comes from fines.Most school districts with fewer than 5,000 students get none.

School district taxes51%

Property tax

51%$1.7 million

Fees for services0.9%

Fees for services

0.9%$30 thousand

What's in fees for servicesOther school charges

Other school charges$30 thousand

Amounts are by Census type of charge.

State tax money27%

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

From the state

27%$889 thousand

Fines and other21%

Fines

15%$480 thousand

Interest, rents and other

6.9%$225 thousand

Where it goes

Schools and colleges99%Sent to other local governments0.7%Interest on debt<0.1%

Spending by category100%

Schools and colleges

99%$4.1 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$4.1 million

Sent to other local governments

0.7%$28 thousand

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

Sent to school districts$28 thousand

Interest on debt

<0.1%$3 thousand

Sources and moreWhere these numbers come from and what they cover

Loop 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 Loop 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.