Lewisville ISD Adopts 2026-27 Budget and Tax Rate

On Thursday, Aug. 27, the LISD Board of Trustees adopted a tax rate of $1.0778 for the 2026-27 school year. This is the lowest tax rate the district has adopted since at least 1999. The maintenance and operations (M&O) portion of the tax rate will decrease by $0.04 as a result of the expiration of the temporary disaster pennies authorized for the prior year. The interest and sinking (I&S) tax rate will remain unchanged from the prior year and will provide revenue to meet the district’s existing debt requirements.

Property appraisal values are set independently by the Central Appraisal District (CAD), not Lewisville ISD. The state funding formula prevents property value increases from generating additional operating revenue for local schools. When local appraisal values rise, the state formula requires excess property tax revenue to be returned back to the state. As a district, LISD remains committed to partnering with state elected officials to share the real-world impact of school finance and funding formulas and collaborating to advance solutions that directly benefit LISD students and neighborhood schools. To keep our community informed and maintain full financial transparency, LISD’s interactive Financial Dashboard breaks down school finance basics and shows how district funds are used.

LISD Financial Dashboard

The district currently projects a $7.3 million deficit for fiscal year 2026-27 which is largely driven by the investment in our staff. The LISD Board approved a 3% of the midpoint raise for staff and increased the district’s contribution for health insurance. The cost to provide raises for staff and increase the district’s contribution for health insurance cost $9 million.

Lewisville ISD maintains a strong commitment to fiscal accountability despite state funding constraints. The district recently earned a perfect score of 100 on the Financial Integrity Rating System of Texas (FIRST), the state’s highest mark for sound financial management.