School district · McLennan County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Mart Independent School District 908 took in $15.0 million and spent $12.5 million.

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

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Where it comes from

State tax money47%School district taxes33%Fines and other19%Fees for services (school lunches, school tuition and transportation)1.1%

What stands out

19%

of Mart Independent School District 908'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%$4.9 million

Fees for services1.1%

Fees for services
1.1%$162 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$143 thousand
  • School lunches$10 thousand
  • School tuition and transportation$9 thousand

Amounts are by Census type of charge.

State tax money47%

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

From the state
47%$7.0 million

Fines and other19%

Interest, rents and other
19%$2.8 million
Fines
0.2%$28 thousand

Where it goes

Schools and colleges92%Interest on debt7.5%Sent to other local governments0.3%

What stands out

7.5%

of Mart Independent School District 908'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
92%$11.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.5 million
Interest on debt
7.5%$941 thousand
Sent to other local governments
0.3%$41 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$41 thousand
Sources and moreWhere these numbers come from and what they cover

Mart 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 Mart 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.