School district · Montgomery County, TX

New Caney Independent School 908's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), New Caney Independent School 908 took in $291 million and spent $348 million.

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

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Where it comes from

State tax money58%School district taxes33%Fines and other7.2%Fees for services (school lunches)1.9%Federal tax money0.5%County and local tax money<0.1%

What stands out

6.8%

of New Caney Independent School 908's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.

School district taxes33%

Property tax

33%$95.3 million

Fees for services1.9%

Fees for services

1.9%$5.5 million

What's in fees for servicesSchool lunches and other school charges

School lunches$2.8 million
Other school charges$2.7 million

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%$1.3 million

State tax money58%

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

From the state

58%$168 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$172 thousand

Fines and other7.2%

Interest, rents and other

6.8%$19.9 million

Fines

0.4%$1.1 million

Where it goes

Schools and colleges92%Interest on debt8.2%Sent to other local governments0.1%

What stands out

8.2%

of New Caney Independent School 908's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges

92%$319 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$319 million

Interest on debt

8.2%$28.7 million

Sent to other local governments

0.1%$364 thousand

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

Sent to school districts$364 thousand

Sources and moreWhere these numbers come from and what they cover

New Caney Independent School 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 New Caney Independent School 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.