School district · El Paso County, TX

Socorro Independent School District 909's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Socorro Independent School District 909 took in $620 million and spent $660 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

See every government that serves your ZIP

Where it comes from

State tax money69%School district taxes27%Fines and other2.0%Federal tax money1.9%Fees for services (school lunches)0.5%

What stands out

69%

of Socorro Independent School District 909's money comes from state tax money.A typical school district with 25,000+ students gets 55%.

School district taxes27%

Property tax

27%$166 million

Fees for services0.5%

Fees for services

0.5%$3.1 million

What's in fees for servicesSchool lunches and other school charges

School lunches$2.0 million
Other school charges$1.1 million

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government

1.9%$11.7 million

State tax money69%

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

From the state

69%$427 million

Fines and other2.0%

Interest, rents and other

1.9%$11.5 million

Fines

0.1%$855 thousand

Where it goes

Schools and colleges95%Interest on debt5.2%Sent to other local governments0.1%

Spending by category100%

Schools and colleges

95%$625 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$625 million

Interest on debt

5.2%$34.2 million

Sent to other local governments

0.1%$682 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$682 thousand

Sources and moreWhere these numbers come from and what they cover

Socorro Independent School District 909. 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 Socorro Independent School District 909 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.