School district · Lubbock County, TX

Slaton Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Slaton Independent School District 903 took in $24.2 million and spent $23.6 million.

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

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Where it comes from

State tax money63%School district taxes27%Federal tax money4.7%Fines and other3.5%Fees for services (school lunches)1.2%

What stands out

4.7%

of Slaton Independent School District 903's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes27%

Property tax
27%$6.6 million

Fees for services1.2%

Fees for services
1.2%$284 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$229 thousand
  • School lunches$55 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$1.1 million

State tax money63%

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

From the state
63%$15.3 million

Fines and other3.5%

Interest, rents and other
3.1%$743 thousand
Fines
0.5%$112 thousand

Where it goes

Schools and colleges98%Interest on debt1.6%Sent to other local governments0.6%

Spending by category100%

Schools and colleges
98%$23.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$23.1 million
Interest on debt
1.6%$386 thousand
Sent to other local governments
0.6%$136 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$136 thousand
Sources and moreWhere these numbers come from and what they cover

Slaton Independent School District 903. 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 Slaton Independent School District 903 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.