School district · Grayson County, TX
Tom Bean Independent School District 918's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Tom Bean Independent School District 918 took in $10.5 million and spent $11.0 million.
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Where it comes from
What stands out
of Tom Bean Independent School District 918's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.
School district taxes35%
Fees for services2.4%
What's in fees for servicesSchool lunches; other school charges and 1 more
- School lunches$165 thousand
- Other school charges$58 thousand
- School tuition and transportation$28 thousand
Amounts are by Census type of charge.
Federal tax money0.3%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money61%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.6%
Where it goes
What stands out
of Tom Bean Independent School District 918's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$10.6 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$3 thousand
Sources and moreWhere these numbers come from and what they cover
Tom Bean Independent School District 918. 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 Tom Bean Independent School District 918 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.