School district · Lubbock County, TX

Lubbock Cooper Independent School District 906's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Lubbock Cooper Independent School District 906 took in $117 million and spent $183 million.

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

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Where it comes from

School district taxes50%State tax money38%Fines and other8.7%Fees for services (school lunches, school tuition and transportation)2.8%County and local tax money0.6%

What stands out

50%

of Lubbock Cooper Independent School District 906's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes50%

Property tax
50%$58.9 million

Fees for services2.8%

Fees for services
2.8%$3.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.5 million
  • School lunches$1.4 million
  • School tuition and transportation$310 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%$40 thousand

State tax money38%

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

From the state
38%$44.0 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$700 thousand

Fines and other8.7%

Interest, rents and other
8.2%$9.5 million
Fines
0.5%$621 thousand

Where it goes

Schools and colleges90%Interest on debt9.9%Sent to other local governments<0.1%

What stands out

10%

of Lubbock Cooper Independent School District 906'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
90%$165 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$165 million
Interest on debt
9.9%$18.2 million
Sent to other local governments
<0.1%$164 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$164 thousand
Sources and moreWhere these numbers come from and what they cover

Lubbock Cooper 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 Lubbock Cooper 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.