School district · Montgomery County, TX
Montgomery Independent School District 903's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Montgomery Independent School District 903 took in $141 million and spent $240 million.
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Where it comes from
What stands out
of Montgomery 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 taxes62%
Fees for services4.0%
What's in fees for servicesSchool lunches; other school charges and 1 more
- School lunches$3.4 million
- Other school charges$1.5 million
- School tuition and transportation$671 thousand
Amounts are by Census type of charge.
Federal tax money0.1%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money25%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other9.0%
Where it goes
What stands out
of Montgomery 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$219 million
What's in sent to other local governmentsSent to school districts and sent to the state government
- Sent to school districts$283 thousand
- Sent to the state government$84 thousand
Sources and moreWhere these numbers come from and what they cover
Montgomery 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 Montgomery 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.