School district · Wood County, TX

Quitman Independent School District 904's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Quitman Independent School District 904 took in $19.7 million and spent $18.4 million.

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

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Where it comes from

State tax money66%School district taxes29%Fines and other4.4%Fees for services (school lunches)0.9%

What stands out

66%

of Quitman Independent School District 904's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes29%

Property tax
29%$5.7 million

Fees for services0.9%

Fees for services
0.9%$174 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$147 thousand
  • Other school charges$27 thousand

Amounts are by Census type of charge.

State tax money66%

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

From the state
66%$13.0 million

Fines and other4.4%

Interest, rents and other
3.7%$726 thousand
Fines
0.7%$133 thousand

Where it goes

Schools and colleges98%Interest on debt1.8%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
98%$18.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$18.0 million
Interest on debt
1.8%$328 thousand
Sent to other local governments
0.4%$72 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$72 thousand
Sources and moreWhere these numbers come from and what they cover

Quitman Independent School District 904. 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 Quitman Independent School District 904 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.