School district · Dallas County, TX

Richardson Independent School District 916's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Richardson Independent School District 916 took in $586 million and spent $680 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes56%State tax money36%Fines and other5.2%Fees for services (school tuition and transportation, school lunches)2.4%Federal tax money0.2%County and local tax money<0.1%

What stands out

56%

of Richardson Independent School District 916's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes56%

Property tax
56%$327 million

Fees for services2.4%

Fees for services
2.4%$14.3 million
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$5.2 million
  • Other school charges$5.2 million
  • School lunches$3.9 million

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$1.3 million

State tax money36%

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

From the state
36%$212 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$320 thousand

Fines and other5.2%

Interest, rents and other
4.8%$28.1 million
Fines
0.4%$2.5 million

Where it goes

Schools and colleges93%Interest on debt6.2%Sent to other local governments0.7%

What stands out

6.2%

of Richardson Independent School District 916's spending goes to interest on debt.A typical school district with 25,000+ students spends 2.2%.

Spending by category100%

Schools and colleges
93%$633 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$633 million
Interest on debt
6.2%$42.1 million
Sent to other local governments
0.7%$4.6 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$4.1 million
  • Sent to school districts$494 thousand
Sources and moreWhere these numbers come from and what they cover

Richardson Independent School District 916. 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 Richardson Independent School District 916 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.