School district · Anderson County, TX

Palestine Independent School District 907's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Palestine Independent School District 907 took in $52.9 million and spent $51.1 million.

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

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Where it comes from

State tax money65%School district taxes28%Fines and other5.7%Fees for services (school lunches, school tuition and transportation)0.6%

What stands out

65%

of Palestine Independent School District 907's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes28%

Property tax

28%$15.0 million

Fees for services0.6%

Fees for services

0.6%$331 thousand

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$179 thousand
Other school charges$129 thousand
School tuition and transportation$23 thousand

Amounts are by Census type of charge.

State tax money65%

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

From the state

65%$34.6 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%$12 thousand

Fines and other5.7%

Interest, rents and other

5.2%$2.8 million

Fines

0.4%$234 thousand

Where it goes

Schools and colleges95%Interest on debt4.2%Sent to other local governments0.5%

What stands out

4.2%

of Palestine Independent School District 907's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges

95%$48.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$48.7 million

Interest on debt

4.2%$2.2 million

Sent to other local governments

0.5%$231 thousand

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

Sent to school districts$231 thousand

Sources and moreWhere these numbers come from and what they cover

Palestine Independent School District 907. 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 Palestine Independent School District 907 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.