School district · Gregg County, TX

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

In the latest recorded fiscal year (ended August 31, 2023), Spring Hill Independent School District 907 took in $25.8 million and spent $27.0 million.

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

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Where it comes from

State tax money68%School district taxes26%Fines and other3.9%Fees for services (school lunches)2.6%Federal tax money0.3%

What stands out

68%

of Spring Hill Independent School District 907's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes26%

Property tax
26%$6.6 million

Fees for services2.6%

Fees for services
2.6%$678 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$341 thousand
  • Other school charges$337 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$71 thousand

State tax money68%

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

From the state
68%$17.4 million

Fines and other3.9%

Interest, rents and other
3.7%$951 thousand
Fines
0.2%$51 thousand

Where it goes

Schools and colleges96%Interest on debt3.9%Sent to other local governments0.4%

Spending by category100%

Schools and colleges
96%$25.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.8 million
Interest on debt
3.9%$1.1 million
Sent to other local governments
0.4%$110 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$110 thousand
Sources and moreWhere these numbers come from and what they cover

Spring Hill 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 Spring Hill 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.