School district · Runnels County, TX

Olfen Independent School District 906's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Olfen Independent School District 906 took in $3.3 million and spent $3.0 million.

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

See every government that serves your ZIP

Where it comes from

State tax money88%School district taxes6.9%Fines and other3.7%Federal tax money1.4%

What stands out

6.9%

of Olfen Independent School District 906's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes6.9%

Property tax

6.9%$224 thousand

Federal tax money1.4%

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

From the federal government

1.4%$44 thousand

State tax money88%

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

From the state

88%$2.9 million

Fines and other3.7%

Interest, rents and other

3.7%$120 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.5%Interest on debt0.8%

What stands out

4.5%

of Olfen Independent School District 906's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges

95%$2.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$2.8 million

Sent to other local governments

4.5%$134 thousand

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

Sent to school districts$134 thousand

Interest on debt

0.8%$23 thousand

Sources and moreWhere these numbers come from and what they cover

Olfen Independent School District 906. 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 Olfen Independent School District 906 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.