LISD plans to lower tax rate slightly, will dip into savings

  • Lampasas ISD school buses sit parked at the district’s transportation barns. New school buses and special needs buses did not make the cut in this year’s 2024-2025 fiscal year budget as the district navigates tighter than usual finances. ERICK MITCHELL | DISPATCH RECORD
    Lampasas ISD school buses sit parked at the district’s transportation barns. New school buses and special needs buses did not make the cut in this year’s 2024-2025 fiscal year budget as the district navigates tighter than usual finances. ERICK MITCHELL | DISPATCH RECORD

    The Lampasas Independent School District is expecting a 3.9% increase in general fund expenditures for the 2024-2025 fiscal year.

    The district will host a public hearing Aug. 26 on its upcoming FY budget and tax rate. LISD has proposed a levy of $1.0152 per $100 in property valuation, a decrease of $0.0023 from a year ago.

    For the 2024-2025 fiscal year, LISD is projecting $43,356,145 in general fund…