School district · Bosque County, TX

Valley Mills Independent School District 904's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Valley Mills Independent School District 904 took in $11.9 million and spent $10.2 million.

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

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Where it comes from

State tax money62%School district taxes27%Fines and other10%Fees for services (school lunches)1.3%

What stands out

10%

of Valley Mills Independent School District 904's money comes from interest, rents and other revenue.A typical school district with fewer than 5,000 students gets 3.2%.

School district taxes27%

Property tax
27%$3.2 million

Fees for services1.3%

Fees for services
1.3%$155 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$126 thousand
  • Other school charges$29 thousand

Amounts are by Census type of charge.

State tax money62%

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

From the state
62%$7.4 million

Fines and other10%

Interest, rents and other
9.7%$1.2 million
Fines
0.4%$47 thousand

Where it goes

Schools and colleges94%Interest on debt5.3%Sent to other local governments0.4%

What stands out

5.3%

of Valley Mills Independent School District 904'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
94%$9.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.6 million
Interest on debt
5.3%$546 thousand
Sent to other local governments
0.4%$39 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$39 thousand
Sources and moreWhere these numbers come from and what they cover

Valley Mills Independent School District 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 Valley Mills Independent School District 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.