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LISD Adopts Tax Rate for 2023-2024 School Year

LISD adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 1.11 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-106.70

Due to the proposed increase in the homestead exemption to $100,000 and the decreased M & O tax rate LISD taxpayers should recognize a decrease in their annual school district tax bill. The adopted tax rate results in a $0.1067 rate decrease from the prior year.