School district · McLennan County, TX

Riesel Independent School District 912's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Riesel Independent School District 912 took in $14.1 million and spent $11.8 million.

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

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Where it comes from

State tax money40%School district taxes39%Fines and other17%Fees for services (school lunches, school tuition and transportation)3.1%Federal tax money0.8%

What stands out

17%

of Riesel Independent School District 912's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes39%

Property tax
39%$5.5 million

Fees for services3.1%

Fees for services
3.1%$436 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$208 thousand
  • Other school charges$200 thousand
  • School tuition and transportation$28 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$116 thousand

State tax money40%

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

From the state
40%$5.6 million

Fines and other17%

Interest, rents and other
17%$2.4 million
Fines
0.2%$32 thousand

Where it goes

Schools and colleges92%Interest on debt7.4%Sent to other local governments0.5%

What stands out

7.4%

of Riesel Independent School District 912's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
92%$10.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.9 million
Interest on debt
7.4%$870 thousand
Sent to other local governments
0.5%$63 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$63 thousand
Sources and moreWhere these numbers come from and what they cover

Riesel Independent 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 Riesel Independent 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.