School district · Terry County, TX

Wellman-Union Consolidated Independent School District 904's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Wellman-Union Consolidated Independent School District 904 took in $5.9 million and spent $5.6 million.

Latest recorded year: ended August 31, 2023Comes from Goes to

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Where it comes from

State tax money55%School district taxes36%Fines and other4.1%Fees for services (school lunches)3.0%County and local tax money1.5%Federal tax money0.4%

What stands out

36%

of Wellman-Union Consolidated Independent School District 904's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes36%

Property tax

36%$2.1 million

Fees for services3.0%

Fees for services

3.0%$180 thousand

What's in fees for servicesOther school charges and school lunches

Other school charges$133 thousand
School lunches$47 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%$24 thousand

State tax money55%

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

From the state

55%$3.2 million

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments

1.5%$87 thousand

Fines and other4.1%

Interest, rents and other

3.9%$230 thousand

Fines

0.2%$14 thousand

Where it goes

Schools and colleges90%Interest on debt9.4%Sent to other local governments0.9%

What stands out

9.4%

of Wellman-Union Consolidated 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

90%$5.0 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$5.0 million

Interest on debt

9.4%$526 thousand

Sent to other local governments

0.9%$51 thousand

What's in sent to other local governmentsSent to school districts

Sent to school districts$51 thousand

Sources and moreWhere these numbers come from and what they cover

Wellman-Union Consolidated 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 Wellman-Union Consolidated 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.