School district · Palo Pinto County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Palo Pinto Independent School District 906 took in $2.4 million and spent $6.2 million.

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

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Where it comes from

School district taxes80%State tax money16%Fines and other3.8%County and local tax money0.4%Fees for services (school lunches)0.2%

What stands out

80%

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

School district taxes80%

Property tax

80%$1.9 million

Fees for services0.2%

Fees for services

0.2%$4 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$3 thousand
School lunches$1 thousand

Amounts are by Census type of charge.

State tax money16%

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

From the state

16%$383 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments

0.4%$10 thousand

Fines and other3.8%

Fines

3.3%$80 thousand

Interest, rents and other

0.5%$11 thousand

Where it goes

Sent to other local governments70%Schools and colleges29%Interest on debt1.2%

What stands out

70%

of Palo Pinto 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%

Sent to other local governments

70%$4.3 million

What's in sent to other local governmentsSent to the state government and sent to school districts

Sent to the state government$4.3 million
Sent to school districts$6 thousand

Schools and colleges

29%$1.8 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$1.8 million

Interest on debt

1.2%$75 thousand

Sources and moreWhere these numbers come from and what they cover

Palo Pinto 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 Palo Pinto 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.