School district · McLennan County, TX

Waco Independent School District 914's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Waco Independent School District 914 took in $240 million and spent $366 million.

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

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Where it comes from

State tax money55%School district taxes35%Fines and other8.9%Fees for services (school lunches, school tuition and transportation)0.9%Federal tax money0.4%County and local tax money0.2%

What stands out

8.5%

of Waco Independent School District 914's money comes from interest, rents and other revenue.A typical school district with 5,000 to 25,000 students gets 3.7%.

School district taxes35%

Property tax
35%$84.4 million

Fees for services0.9%

Fees for services
0.9%$2.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.2 million
  • School lunches$886 thousand
  • School tuition and transportation$133 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$909 thousand

State tax money55%

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

From the state
55%$131 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$402 thousand

Fines and other8.9%

Interest, rents and other
8.5%$20.5 million
Fines
0.4%$890 thousand

Where it goes

Schools and colleges95%Interest on debt4.7%Sent to other local governments0.5%

Spending by category100%

Schools and colleges
95%$347 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$347 million
Interest on debt
4.7%$17.2 million
Sent to other local governments
0.5%$1.8 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.8 million
Sources and moreWhere these numbers come from and what they cover

Waco Independent School District 914. 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 Waco Independent School District 914 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.