School district · Wood County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Mineola Independent School District 903 took in $27.6 million and spent $49.5 million.

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

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Where it comes from

State tax money59%School district taxes30%Fines and other5.7%County and local tax money4.9%Fees for services (school lunches)0.5%Federal tax money0.4%

What stands out

4.9%

of Mineola Independent School District 903's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes30%

Property tax
30%$8.2 million

Fees for services0.5%

Fees for services
0.5%$146 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$90 thousand
  • School lunches$56 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$100 thousand

State tax money59%

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

From the state
59%$16.3 million

County and local tax money4.9%

Money passed on by the county or other local governments.

From the county and other local governments
4.9%$1.3 million

Fines and other5.7%

Interest, rents and other
5.1%$1.4 million
Fines
0.6%$166 thousand

Where it goes

Schools and colleges97%Interest on debt2.7%

Spending by category100%

Schools and colleges
97%$48.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$48.2 million
Interest on debt
2.7%$1.3 million
Sent to other local governments
<0.1%$24 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$24 thousand
Sources and moreWhere these numbers come from and what they cover

Mineola 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 Mineola 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.