School district · Hidalgo County, TX

McAllen Independent School District 906's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), McAllen Independent School District 906 took in $321 million and spent $325 million.

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

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Where it comes from

State tax money65%School district taxes27%Fines and other6.3%Federal tax money1.1%Fees for services (school lunches)0.7%

What stands out

65%

of McAllen Independent School District 906's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes27%

Property tax
27%$85.4 million

Fees for services0.7%

Fees for services
0.7%$2.2 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$1.8 million
  • School lunches$318 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government
1.1%$3.4 million

State tax money65%

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

From the state
65%$210 million

Fines and other6.3%

Interest, rents and other
5.8%$18.8 million
Fines
0.4%$1.3 million

Where it goes

Schools and colleges99%Interest on debt1.0%Sent to other local governments0.3%

Spending by category100%

Schools and colleges
99%$320 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$320 million
Interest on debt
1.0%$3.2 million
Sent to other local governments
0.3%$1.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.1 million
Sources and moreWhere these numbers come from and what they cover

McAllen Independent School District 906. 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 McAllen Independent School District 906 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.