School district · Wise County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Paradise Independent School District 906 took in $22.8 million and spent $18.9 million.

Latest recorded year: ended August 31, 2023Comes fromGoes to

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Where it comes from

State tax money42%School district taxes40%Fines and other16%Fees for services (school lunches, school tuition and transportation)2.9%

What stands out

15%

of Paradise Independent School District 906's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes40%

Property tax
40%$9.0 million

Fees for services2.9%

Fees for services
2.9%$670 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$330 thousand
  • School lunches$310 thousand
  • School tuition and transportation$30 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$9.5 million

Fines and other16%

Interest, rents and other
15%$3.5 million
Fines
0.5%$103 thousand

Where it goes

Schools and colleges85%Interest on debt14%Sent to other local governments0.2%

What stands out

14%

of Paradise Independent School District 906'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
85%$16.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$16.2 million
Interest on debt
14%$2.7 million
Sent to other local governments
0.2%$42 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$42 thousand
Sources and moreWhere these numbers come from and what they cover

Paradise 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 Paradise 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.