School district · Hansford County, TX

Spearman Independent Schdt 904's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Spearman Independent Schdt 904 took in $11.6 million and spent $10.8 million.

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

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Where it comes from

State tax money58%School district taxes34%Fines and other5.0%Fees for services (school lunches)2.4%Federal tax money0.2%

What stands out

34%

of Spearman Independent Schdt 904's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes34%

Property tax
34%$4.0 million

Fees for services2.4%

Fees for services
2.4%$275 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$149 thousand
  • School lunches$126 thousand

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%$19 thousand

State tax money58%

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

From the state
58%$6.8 million

Fines and other5.0%

Interest, rents and other
4.2%$483 thousand
Fines
0.9%$99 thousand

Where it goes

Schools and colleges97%Interest on debt2.0%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
97%$10.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.5 million
Interest on debt
2.0%$214 thousand
Sent to other local governments
0.8%$86 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$86 thousand
Sources and moreWhere these numbers come from and what they cover

Spearman Independent Schdt 904. 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 Spearman Independent Schdt 904 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.