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Lubbock ISD sets 2025–26 tax rate at $0.8672 per $100 of assessed value
Summary
The board adopted a tax rate of $0.8672 per $100 of assessed value for the 2025–26 fiscal year, slightly below the rate proposed in June; the vote was unanimous.
The Lubbock Independent School District Board of Trustees on Aug. 28 adopted a tax rate of $0.8672 per $100 of assessed value for the 2025–26 fiscal year, a fraction lower than the rate the board proposed in June. Trustees voted 7–0 to adopt the rate.
Finance staff said the previously proposed composite tax rate was 0.87123; the adopted rate of 0.8672 represents a 0.004 reduction. The presenters described the new total tax rate as lower than the prior year’s total of 0.9083.
The vote to adopt the tax rate came during the administrative action section of the agenda and followed public notices and budget hearings earlier in the summer. Board members acknowledged the lower rate as favorable but noted continuing budget challenges tied to personnel and rising health‑care costs.
The board’s action finalizes the district’s rate for the coming fiscal year and enables associated budgetary and tax‑collection steps to proceed under state law.
