School district · Gray County, TX

Mc Lean Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Mc Lean Independent School District 903 took in $3.8 million and spent $3.9 million.

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

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Where it comes from

State tax money66%School district taxes24%Fines and other9.8%Fees for services (school lunches)0.9%

What stands out

9.1%

of Mc Lean Independent School District 903's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes24%

Property tax
24%$895 thousand

Fees for services0.9%

Fees for services
0.9%$34 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$20 thousand
  • School lunches$14 thousand

Amounts are by Census type of charge.

State tax money66%

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

From the state
66%$2.5 million

Fines and other9.8%

Interest, rents and other
9.1%$347 thousand
Fines
0.6%$24 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.6%Interest on debt0.7%

Spending by category100%

Schools and colleges
98%$3.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.8 million
Sent to other local governments
1.6%$61 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$61 thousand
Interest on debt
0.7%$26 thousand
Sources and moreWhere these numbers come from and what they cover

Mc Lean Independent School District 903. 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 Mc Lean Independent School District 903 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.