School district · Clay County, TX

Petrolia Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Petrolia Independent School District 903 took in $9.0 million and spent $8.0 million.

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

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Where it comes from

State tax money75%School district taxes18%Fines and other4.0%Fees for services (school lunches, school tuition and transportation)2.2%Federal tax money0.6%County and local tax money0.4%

What stands out

75%

of Petrolia Independent School District 903's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes18%

Property tax
18%$1.6 million

Fees for services2.2%

Fees for services
2.2%$202 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$133 thousand
  • School tuition and transportation$50 thousand
  • Other school charges$19 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$54 thousand

State tax money75%

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

From the state
75%$6.8 million

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%$34 thousand

Fines and other4.0%

Interest, rents and other
3.7%$331 thousand
Fines
0.3%$28 thousand

Where it goes

Schools and colleges99%Interest on debt0.8%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
99%$7.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.9 million
Interest on debt
0.8%$62 thousand
Sent to other local governments
0.4%$30 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$30 thousand
Sources and moreWhere these numbers come from and what they cover

Petrolia Independent School District 903. 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 Petrolia Independent School District 903 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.