School district · Van Zandt County, TX

Martins Mill Independent School District 905's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Martins Mill Independent School District 905 took in $7.5 million and spent $10.5 million.

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

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Where it comes from

State tax money74%School district taxes19%Fees for services (school lunches, school tuition and transportation)4.3%Fines and other2.0%County and local tax money0.2%

What stands out

74%

of Martins Mill Independent School District 905's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes19%

Property tax

19%$1.4 million

Fees for services4.3%

Fees for services

4.3%$324 thousand

What's in fees for servicesOther school charges; school lunches and 1 more

Other school charges$233 thousand
School lunches$68 thousand
School tuition and transportation$23 thousand

Amounts are by Census type of charge.

State tax money74%

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

From the state

74%$5.5 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments

0.2%$16 thousand

Fines and other2.0%

Interest, rents and other

1.7%$127 thousand

Fines

0.3%$20 thousand

Where it goes

Schools and colleges99%Interest on debt0.7%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

99%$10.4 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$10.4 million

Interest on debt

0.7%$72 thousand

Sent to other local governments

<0.1%$8 thousand

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

Sent to school districts$8 thousand

Sources and moreWhere these numbers come from and what they cover

Martins Mill Independent School District 905. 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 Martins Mill Independent School District 905 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.