School district · McLennan County, TX
Midway Independent School District 903's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Midway Independent School District 903 took in $114 million and spent $112 million.
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Where it comes from
What stands out
of Midway Independent School District 903's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.
School district taxes64%
Fees for services4.0%
What's in fees for servicesOther school charges; school lunches and 1 more
- Other school charges$2.4 million
- School lunches$1.8 million
- School tuition and transportation$354 thousand
Amounts are by Census type of charge.
State tax money28%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.8%
Where it goes
What stands out
of Midway Independent School District 903's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$105 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$231 thousand
Sources and moreWhere these numbers come from and what they cover
Midway 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 Midway 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.