School district · Parker County, TX

Weatherford Independent School District 903's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Weatherford Independent School District 903 took in $124 million and spent $123 million.

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

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Where it comes from

School district taxes58%State tax money35%Fines and other3.6%Fees for services (school lunches, school tuition and transportation)2.6%County and local tax money0.8%

What stands out

58%

of Weatherford Independent School District 903's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes58%

Property tax
58%$71.6 million

Fees for services2.6%

Fees for services
2.6%$3.2 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$1.4 million
  • School lunches$1.0 million
  • School tuition and transportation$868 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$11 thousand

State tax money35%

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

From the state
35%$44.0 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$1.0 million

Fines and other3.6%

Interest, rents and other
3.1%$3.8 million
Fines
0.5%$647 thousand

Where it goes

Schools and colleges87%Interest on debt12%Sent to other local governments0.9%

What stands out

12%

of Weatherford Independent School District 903's spending goes to interest on debt.A typical school district with 5,000 to 25,000 students spends 2.3%.

Spending by category100%

Schools and colleges
87%$107 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$107 million
Interest on debt
12%$14.7 million
Sent to other local governments
0.9%$1.2 million
What's in sent to other local governmentsSent to the state government and sent to school districts
  • Sent to the state government$1.1 million
  • Sent to school districts$100 thousand
Sources and moreWhere these numbers come from and what they cover

Weatherford Independent School District 903. 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 Weatherford Independent School District 903 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.