School district · Montgomery County, TX

Splendora Independent School District 907's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Splendora Independent School District 907 took in $75.9 million and spent $110 million.

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

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Where it comes from

State tax money64%School district taxes26%Fines and other8.1%Fees for services (school lunches, school tuition and transportation)2.2%Federal tax money0.2%

What stands out

7.6%

of Splendora Independent School District 907's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes26%

Property tax
26%$19.6 million

Fees for services2.2%

Fees for services
2.2%$1.6 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$856 thousand
  • School lunches$705 thousand
  • School tuition and transportation$80 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%$148 thousand

State tax money64%

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

From the state
64%$48.4 million

Fines and other8.1%

Interest, rents and other
7.6%$5.7 million
Fines
0.5%$378 thousand

Where it goes

Schools and colleges95%Interest on debt5.4%

What stands out

5.4%

of Splendora Independent School District 907'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
95%$104 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$104 million
Interest on debt
5.4%$6.0 million
Sent to other local governments
<0.1%$31 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$31 thousand
Sources and moreWhere these numbers come from and what they cover

Splendora Independent School District 907. 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 Splendora Independent School District 907 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.