School district · Henderson County, TX

Murchison Independent School District 908's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Murchison Independent School District 908 took in $3.3 million and spent $3.3 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money83%School district taxes9.8%Fines and other3.7%Fees for services (school tuition and transportation, school lunches)2.5%Federal tax money0.5%

What stands out

10%

of Murchison Independent School District 908's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes9.8%

Property tax

9.8%$328 thousand

Fees for services2.5%

Fees for services

2.5%$83 thousand

What's in fees for servicesOther school charges; school tuition and transportation and 1 more

Other school charges$51 thousand
School tuition and transportation$17 thousand
School lunches$15 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government

0.5%$16 thousand

State tax money83%

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

From the state

83%$2.8 million

Fines and other3.7%

Interest, rents and other

3.6%$119 thousand

Fines

0.2%$6 thousand

Where it goes

Schools and colleges99%Sent to other local governments0.9%Interest on debt0.2%

Spending by category100%

Schools and colleges

99%$3.2 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$3.2 million

Sent to other local governments

0.9%$28 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$28 thousand

Interest on debt

0.2%$8 thousand

Sources and moreWhere these numbers come from and what they cover

Murchison Independent School District 908. 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 Murchison Independent School District 908 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.