School district · Upton County, TX

Rankin Independent School District 902's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Rankin Independent School District 902 took in $59.5 million and spent $117 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes84%Fines and other14%State tax money1.3%Fees for services (school lunches)0.3%

What stands out

84%

of Rankin Independent School District 902's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes84%

Property tax
84%$50.0 million

Fees for services0.3%

Fees for services
0.3%$177 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$165 thousand
  • School lunches$12 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$15 thousand

State tax money1.3%

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

From the state
1.3%$793 thousand

Fines and other14%

Interest, rents and other
13%$8.0 million
Fines
1.0%$576 thousand

Where it goes

Sent to other local governments78%Schools and colleges20%Interest on debt1.5%

What stands out

78%

of Rankin Independent School District 902's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Sent to other local governments
78%$91.4 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$91.3 million
  • Sent to school districts$66 thousand
Schools and colleges
20%$23.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$23.6 million
Interest on debt
1.5%$1.8 million
Sources and moreWhere these numbers come from and what they cover

Rankin Independent School District 902. 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 Rankin Independent School District 902 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.