School district · Parker County, TX

Peaster Independent School District 908's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Peaster Independent School District 908 took in $22.2 million and spent $27.1 million.

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

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Where it comes from

State tax money53%School district taxes40%Fees for services (school lunches, school tuition and transportation)3.7%Fines and other3.5%County and local tax money0.3%

What stands out

40%

of Peaster Independent School District 908's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes40%

Property tax

40%$8.8 million

Fees for services3.7%

Fees for services

3.7%$829 thousand

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

Other school charges$417 thousand
School lunches$411 thousand
School tuition and transportation$1 thousand

Amounts are by Census type of charge.

State tax money53%

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

From the state

53%$11.7 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments

0.3%$56 thousand

Fines and other3.5%

Interest, rents and other

3.1%$686 thousand

Fines

0.4%$92 thousand

Where it goes

Schools and colleges94%Interest on debt5.5%Sent to other local governments0.2%

What stands out

5.5%

of Peaster Independent School District 908'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

94%$25.5 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$25.5 million

Interest on debt

5.5%$1.5 million

Sent to other local governments

0.2%$63 thousand

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

Sent to school districts$63 thousand

Sources and moreWhere these numbers come from and what they cover

Peaster Independent School District 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 Peaster Independent School District 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.