School district · Wichita County, TX

Wichita Falls Independent School District 905's money: where it comes from and where it goes

In the latest recorded fiscal year (ended August 31, 2023), Wichita Falls Independent School District 905 took in $195 million and spent $277 million.

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

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Where it comes from

State tax money57%School district taxes30%Fines and other9.9%Federal tax money1.7%Fees for services (school lunches, school tuition and transportation)1.4%

What stands out

10%

of Wichita Falls Independent School District 905'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 taxes30%

Property tax

30%$57.8 million

Fees for services1.4%

Fees for services

1.4%$2.6 million

What's in fees for servicesSchool lunches; other school charges and 1 more

School lunches$1.8 million
Other school charges$766 thousand
School tuition and transportation$59 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government

1.7%$3.3 million

State tax money57%

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

From the state

57%$112 million

Fines and other9.9%

Interest, rents and other

9.5%$18.5 million

Fines

0.4%$703 thousand

Where it goes

Schools and colleges96%Interest on debt3.7%Sent to other local governments<0.1%

Spending by category100%

Schools and colleges

96%$266 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$266 million

Interest on debt

3.7%$10.2 million

Sent to other local governments

<0.1%$250 thousand

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

Sent to school districts$250 thousand

Sources and moreWhere these numbers come from and what they cover

Wichita Falls Independent School District 905. 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 Wichita Falls Independent School District 905 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.