School district · Lubbock County, TX

Lubbock Independent School District 901's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Lubbock Independent School District 901 took in $380 million and spent $363 million.

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

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Where it comes from

State tax money62%School district taxes30%Fines and other4.7%Federal tax money1.7%Fees for services (school tuition and transportation, school lunches)1.2%County and local tax money0.3%

What stands out

62%

of Lubbock Independent School District 901's money comes from state tax money.A typical school district with 25,000+ students gets 55%.

School district taxes30%

Property tax
30%$116 million

Fees for services1.2%

Fees for services
1.2%$4.5 million
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$3.2 million
  • School tuition and transportation$702 thousand
  • School lunches$635 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.7%$6.5 million

State tax money62%

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

From the state
62%$235 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$963 thousand

Fines and other4.7%

Interest, rents and other
4.3%$16.4 million
Fines
0.4%$1.4 million

Where it goes

Schools and colleges97%Interest on debt2.8%Sent to other local governments0.2%

Spending by category100%

Schools and colleges
97%$352 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$352 million
Interest on debt
2.8%$10.2 million
Sent to other local governments
0.2%$754 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$754 thousand
Sources and moreWhere these numbers come from and what they cover

Lubbock Independent School District 901. 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 Independent School District 901 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.