School district · Hill County, TX

Malone Independent School District 908's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Malone Independent School District 908 took in $2.5 million and spent $2.3 million.

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

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Where it comes from

State tax money68%School district taxes25%Fines and other4.9%Fees for services (school lunches)1.3%Federal tax money0.6%

What stands out

68%

of Malone Independent School District 908's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes25%

Property tax

25%$637 thousand

Fees for services1.3%

Fees for services

1.3%$32 thousand

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

School lunches$19 thousand
Other school charges$13 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government

0.6%$15 thousand

State tax money68%

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

From the state

68%$1.7 million

Fines and other4.9%

Interest, rents and other

4.3%$107 thousand

Fines

0.6%$16 thousand

Where it goes

Schools and colleges99%Interest on debt1.2%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

99%$2.3 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$2.3 million

Interest on debt

1.2%$28 thousand

Sent to other local governments

<0.1%$2 thousand

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

Sent to school districts$2 thousand

Sources and moreWhere these numbers come from and what they cover

Malone Independent School District 908. 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 Malone Independent School District 908 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.