School district · Grayson County, TX

Sherman Independent School District 906's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Sherman Independent School District 906 took in $143 million and spent $155 million.

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

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Where it comes from

School district taxes44%State tax money44%Fines and other11%Fees for services (school lunches)0.9%Federal tax money0.4%

What stands out

10%

of Sherman Independent School District 906's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.

School district taxes44%

Property tax
44%$63.5 million

Fees for services0.9%

Fees for services
0.9%$1.2 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$684 thousand
  • School lunches$536 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$555 thousand

State tax money44%

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

From the state
44%$62.9 million

Fines and other11%

Interest, rents and other
10%$14.6 million
Fines
0.3%$498 thousand

Where it goes

Schools and colleges90%Interest on debt10%

What stands out

10%

of Sherman Independent School District 906'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
90%$139 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$139 million
Interest on debt
10%$16.2 million
Sent to other local governments
<0.1%$68 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$68 thousand
Sources and moreWhere these numbers come from and what they cover

Sherman Independent School District 906. 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 Sherman Independent School District 906 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.