School district · Collin County, TX

Prosper Indep School District 912's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Prosper Indep School District 912 took in $453 million and spent $822 million.

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

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Where it comes from

School district taxes53%State tax money34%Fines and other6.8%Fees for services (school lunches, school tuition and transportation)5.1%Federal tax money0.7%

What stands out

53%

of Prosper Indep School District 912's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes53%

Property tax
53%$240 million

Fees for services5.1%

Fees for services
5.1%$23.1 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$11.1 million
  • Other school charges$10.6 million
  • School tuition and transportation$1.4 million

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$3.3 million

State tax money34%

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

From the state
34%$156 million

Fines and other6.8%

Interest, rents and other
6.6%$30.1 million
Fines
0.2%$858 thousand

Where it goes

Schools and colleges91%Interest on debt8.8%Sent to other local governments<0.1%

What stands out

8.8%

of Prosper Indep School District 912's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
91%$750 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$750 million
Interest on debt
8.8%$72.0 million
Sent to other local governments
<0.1%$675 thousand
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$537 thousand
  • Sent to school districts$138 thousand
Sources and moreWhere these numbers come from and what they cover

Prosper Indep School District 912. 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 Prosper Indep School District 912 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.